Fuel prices higher again at the end of the year after weeks of decline
The main reason for this is the rise in the price of crude oil, triggered by the tensions in the Middle East, which could affect the security of supply routes. The next "price jump" is expected at the turn of the year due to the rising CO2 tax on fuels. According to the ADAC, this will increase the price of petrol by around 4.3 cents per liter and diesel by 4.7 cents.
The automobile club recommends that drivers fill up in the evening. Prices are particularly low between 8 p.m. and 10 p.m., but also between 6 p.m. and 7 p.m., whereas filling up in the morning is usually more expensive.
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- This downward trend in fuel prices, unfortunately, seems to be coming to an end towards the end of the year.
- Despite the anticipated end of the year price increase due to the CO2 tax, ADAC still advises drivers to fill up their vehicles in the evening for cost savings.
- The recent decline in fuel prices, as reported by ADAC, has been noticeable for weeks, but this pleasant trend might be reversed by the end of the year.
- The end of the year is often marked by a rise in fuel prices, which is attributed to the increase in CO2 tax on fuels, according to industry experts like ADAC.
- Motorists should consider refueling their vehicles with E10 fuel, a more economical option that may help mitigate the impact of the expected upward trend in fuel prices before the new year.
- To counteract the looming end of the year increase in fuel prices, some drivers opt to switch to E10 fuel, which may provide a temporary respite from the downward trend in fuel prices.
Source: www.stern.de