Fuel prices have risen in the Cypriot market, following the opening up of the economy and the free movement of citizens following the restrictive measures imposed by the coronation.
Speaking to Economy Today, the President of the Association of Practitioners, Stefanos Stefanou, said that the increase is of the order of 8 cents per liter for unleaded 95 and 98 octane and about 3,5 cents for diesel.
According to him, the increase in prices is not due to Cypriot activity, but to the increase in the international price of crude oil after the opening of the world's economies, which significantly increased demand, as several countries have lifted the restrictive measures resulting in the manufacturing process, which has required oil to move, has resumed.
According to data released by the Consumer Protection Price Observatory of the Consumer Protection Service, the highest and lowest fuel prices are as follows:
Lead-free 95
Average Price in € (Pancyprian): 1,033
Cheaper Price in € (Pancyprian): 0,919 (Aglantzia)
Expensive Price in € (Pancyprian): 1,075 (German)
Lead-free 98
Average Price in € (Pancyprian): 1,087
Cheaper Price in € (Pancyprian): 0,975 (Clergy)
Expensive Price in € (Pancyprian): 1,244 (Nicosia)
Diesel
Average Price in € (Pancyprian): 1,021
Cheaper Price in € (Pancyprian): 0,949 (Aglantzia)
Expensive Price in € (Pancyprian): 1,065 (Limassol)
Heating oil
Average Price in € (Pancyprian): 0,633
Cheaper Price in € (Pancyprian): 0,588 (Pallouriotissa)
Expensive Price in € (Pancyprian): 0,899 (Lower Tower)
Kirozine
Average Price in € (Pancyprian): 0,766
Cheaper Price in € (Pancyprian): 0,717 (Good Village of Larnaca)
More expensive Price in € (Pancyprian): 0,899 (Chrysochous City)
Source: economytoday