Gasoline prices drop another 5 cents after a week of skyrocketing pump prices

The retail price for gasoline has decreased by 5 cents following a period of record-high costs at the pump. This drop marks a shift where gasoline is once again cheaper than diesel, which had an advisory price of 2.703 euros per liter on Friday. While consumers faced gasoline prices as low as 2.178 euros at the start of the year, recent volatility has kept costs elevated for motorists.

Fluctuations at the pump often follow shifts in global oil markets with a slight delay. Brent crude oil traded at over 105 dollars per barrel on Friday as markets reacted to ongoing geopolitical tensions that began in February. With analysts projecting that oil prices could remain high through 2028, concerns regarding global inflation have intensified. These sustained price pressures impact the advisory rates typically seen at motorway service stations.