Since the beginning of the year, simple 95 petrol’s price has risen by 8 cents per litre, whilst the price of simple diesel dropped by 9 cents for the same quantity.

These changes represent a balancing of the scales after a period of oscillation last year, as well as an increase in temperature which lowers the demand for diesel.

In either case, the price of fuel is much lower now than it was in February 2022, and substantially lower than the peak of the fuel price hike in June last year. Since then, petrol has gotten 44 cents a litre cheaper, and diesel’s price has dropped by 56 cents.

The government continues to support fuel businesses, although the tax discounts have gradually been lifting, which may partially explain the increase in the price of petrol.