Concern over energy precision wave – Gasoline prices catch fire

By Harry Floudopoulos

In addition to the rally in gas and electricity prices, the rise in oil prices, which is leading to higher fuel prices, is also a matter of great concern.

In the shadow of the Russian-Ukrainian crisis, the price of US crude in international markets exceeded the barrier of $ 91 a barrel for the first time since 2014, at the same time that the price of brent remains at a seven-year high above $ 92 the barrel.

The high international prices have as a result in our country observations of increases in fuel prices. Thus, the average price of unleaded reached 1,841 euros per liter, breaking the all-time record held since August 2012. The average price of diesel rose to 1,582 euros from 1,481 on December 31, (an increase of 6.8%) . As for the average price of LPG, it is estimated at 1,046 euros, having increased by 5.2% in the last month. Finally, the price for heating oil is set at 1.24 euros with an increase of 9.7% from the end of December.

At the same time, electricity prices continue to be at high levels with the average wholesale price being today at 214.94 euros / MWh, while yesterday it was at 234.04 euros / MWh and on Friday at 230.43 euros / MWh . It is recalled that the average price in January was 227 euros / MWh price close to the levels of December (235.38 euros / MWh) and November (228.87 euros / MWh).

Finally, in terms of the price of natural gas, it remains high at 82.5 euros / MWh, pushing across Europe the prices of electricity, which remain, in most markets above 200 euros / MWh.

Source: Capital

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