Fuel prices to be lowered in Hungary for a change

Portfolio
Hungarian energy group Mol is to lower the wholesale gross list price of petrol and diesel on Wednesday (28 February), fuel price tracking site holtankoljak.hu reported on Monday.
Benzinkút

As of Wednesday, the wholesale gross list price of petrol will be trimmed by HUF 3 per litre, and the price of diesel will be cut by HUF 10 per litre. Accordingly, we should find the following average retail prices at the pumps two days from now: 

  • 95-octane petrol: HUF 615/litre 
  • Diesel: HUF 647/litre
240226fuel01

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.

240226fuel02

The price reduction still leaves the price of petrol HUF 45 (7.9%) and the price of diesel HUF 54 (9.1%) higher than at the end of 2023. Comparing current prices to the end of 2022 may make us nostalgic, but looking further back may ruin our day.

This is how Hungarian fuel prices compared to prices in neighbouring countries five days ago:

Cover photo: Shutterstock

 

More in Economy

Leopard 2A4M
June 30, 2025 10:00

Arming could backfire for Hungary if the government fails to act in advance

Structural reforms should be implemented as soon as possible, Commission says

dollár dollárárfolyam kereskedelmi háború amerikai gazdaság-árfolyam-befektetés-gazdaság-pénz-pénzügy-recesszió-tőzsde-valuta
June 30, 2025 09:05

A week of fear and anxiety ahead for the markets - Europe's trade war intensifies as data pile up

We will hardly catch our breath between macro releases, but the focus may be on the tariff war

donald trump usa elnök egyesült államok
June 27, 2025 13:00

This is how the 'Trump shock' could impact Hungary

The negative consequences of tariff increases are analysed in detail

byd
June 27, 2025 12:32

BYD embarks on another investment in Hungary

In Komárom

June 27, 2025 11:12

Fuel prices to be changed again in Hungary

On Saturday

GettyImages-923657272
June 27, 2025 11:01

ATM installation locations and numbers allocated to Hungarian banks

Central bank resolution out, here's the list of the settlements concerned

LATEST NEWS

Detailed search