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Fuel prices to be lowered in Hungary on Wednesday

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Hungarian energy group Mol is set to lower its wholesale gross list prices of motor fuels on Wednesday and retail prices are expected to be adjusted accordingly, fuel price tracking site holtankoljak.hu reported on Monday.
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The wholesale gross list price of petrol will be cut by HUF 5 per litre, while the price of diesel will be lowered by HUF 8 per litre on 8 November. Accordingly, we should find the following (average) prices at petrol stations: 

  • 95-octane petrol: HUF 605 /litre
  • Diesel: HUF 631 /litre
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Compared to 20 September (the peak this year), however, the price of petrol was lowered by 8.6% (HUF 57) and that of diesel by 8% (HUF 55).

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Here are Hungarian fuel prices in regional comparison. Note that these are average prices taken from European databases, with the HUF values calculated at an EUR/HUF exchange rate of 379.74.

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Hungary tweaks special tax on petrol stations

Hungary Mol chief says fuel price increase in 2024 is a done deal

Cover photo: 2007 Getty Images

 

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