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

parlament országház költségvetés államadósság
December 03, 2025 12:30

Government receives 24-point proposal package: economists say this is what the economy needs

Hungarian Economic Association sens detailed recommendations to the cabinet

GettyImages-2207452192-csarnok-gép-gyár-gyártás-ipar-munkás-technológia-termelés-üzem
December 03, 2025 08:56

This is how many guest workers will be allowed in Hungary in 2026

Economy Minister reaches decision

vasút
December 02, 2025 13:54

Hungarian section of Budapest–Belgrade railway line may be handed over in February

Major improvements are coming to the HÉV, but there is no money for the stations

autóipar
December 02, 2025 11:40

Hungary receives disappointing forecasts

GDP growth will be sluggish

LATEST NEWS
Charting is displayed using TradingView's technology, a platform, where you can build advanced charts, spot upcoming trends in the stock screener, and find inspiration in multiple trading ideas

Detailed search