We can never predict what will happen with fuel prices, the Director of the Consumer Protection Service, Konstantinos Karagiorgis, tells CNA.
Asked about the picture presented by fuel prices, Mr. Karagiorgis, giving a general picture of fuel, said that around June 14 there was an increase in prices, namely the prices of refineries, which refineries sell to companies.
As he mentioned, there was an increase in the prices of refined products, which continued until 19/6, which was the peak.
"From 19/6 until today, there has been a downward trend in these prices, that is, in the prices of refineries. Prices are slowly falling, which is why there was a small increase at some point a few days ago, while it is now expected that a price reduction will gradually occur with the new cargoes that will arrive," he added.
This is the picture, said Mr. Karagiorgis.
"So that's why I repeat, we can never predict what will happen to fuel prices, because we see that various geopolitical changes or events can create some trends, which can be interrupted and diversified with a resolution. This is the reality, so we can never predict and be absolute about what will happen to fuel prices in the future," he concluded.
