Price of petrol to be raised in Hungary
![Benzinkút](https://cdn.portfolio.hu/articles/images-xs/b/e/n/benzinkut-386126.jpg)
Mol will raise the wholesale gross list price of 95-octane petrol by HUF 7 per litre on Wednesday (6 March), while it will leave the price of diesel unchanged. Accordingly we should find the following retail prices (on average) at local pumps:
- 95-octane petrol: HUF 620 /litre
- Diesel: HUF 646 /litre
On 1 March, a Russian decision to ban petrol exports from one of the world's largest energy suppliers for six months, citing refinery maintenance among other reasons, came into force.
![240304fuel03](https://cdn.portfolio.hu/articles/images-xs/2/4/0/240304fuel03-661453.jpg)
This is how fuel prices changed in Hungary since the start of 2023. The price of both fuel types was last this high in early or mid-October.
![240304fuel04](https://cdn.portfolio.hu/articles/images-xs/2/4/0/240304fuel04-661455.jpg)
The price hike still takes the price of petrol HUF 50 (8.8%) higher than at the end of 2023, while the price of diesel will be HUF 53 (8.9%) higher. Comparing current prices to the end of 2022 may make us nostalgic, but looking further back may ruin our day.
![](https://pcdn.hu/articles/images-o/2/4/0/240304fuel05-661461.png)
This is how Hungarian fuel prices compared to prices in neighbouring countries five days ago:
![](https://pcdn.hu/articles/images-o/2/4/0/240304fuel01-661463.png)
![](https://pcdn.hu/articles/images-o/2/4/0/240304fuel02-661465.png)
Címlapkép forrása: Shutterstock