Diesel fuel in Germany reached a new all-time high over Easter, with prices soaring past €2.48 per litre amid global oil price surges.
BERLIN: Diesel fuel hit an all-time price record in Germany on Sunday, averaging €2.440 (US$2.820) per litre, up 1.5 cents from the previous day, according to the ADAC automobile association, reported German Press Agency (dpa).
E10 petrol rose by 0.7 cents to an average €2.191 per litre.
In response to soaring oil prices resulting from the war in West Asia, the German government passed a Bill last week to restrict petrol stations to raising prices once a day, at midday, in an effort to limit price fluctuations and ensure greater transparency. The measure went into effect on April 1.
A week ago on March 30, Germans paid an average €2.295 for a litre of diesel and €2.087 for a litre of E10 petrol.
By noon on Monday, diesel prices rose further, with the average diesel price up 6.6 cents to €2.487 per litre and E10 also up 6.6 cents to €2.235 per litre. The ADAC called the increases excessive.
Crude oil prices continued their rise. Brent crude for June delivery came in at US$111 per barrel, up almost US$40 since the start of the war.
(BERNAMA-dpa)
