Energy, Oil & Gas

EU fuel, lubricant prices rise 31.4pc year-on-year in September

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Prices of fuels and lubricants for personal transport in the European Union (EU) rose by 31.4 per cent year-on-year in September 2026, accelerating from increases of 16.9 per cent in July and 23.8 per cent in August, according to figures published by Eurostat, the EU’s statistical office.

Annual price increases in September were higher than those recorded in July and August in 26 EU countries.

Bulgaria recorded the steepest annual increase at 42.2 per cent, followed by Estonia at 40.6 per cent and Lithuania at 40.2 per cent.

A further 12 EU countries reported increases exceeding 30 per cent, ranging from 37.5 per cent in Czechia to 30.3 per cent in Portugal.

Hungary registered the smallest annual increase at 6.9 per cent, followed by Ireland at 17.7 per cent and Sweden at 19.9 per cent.

On a monthly basis, EU diesel prices increased by 5.9 per cent in September compared with August, while petrol prices rose by 6.7 per cent.

 In August, diesel prices had climbed by 8.3 per cent, while petrol prices increased by 3.3 per cent compared with July.

Diesel prices rose in 26 EU countries between August and September, with the largest increases recorded in Sweden (+12.8 per cent), Latvia (+10.3 per cent) and Poland (+9.7 per cent).

The smallest increases were reported in Spain (+2.4 per cent), Croatia (+2.5 per cent) and Romania (+3.0 per cent).

Petrol prices also increased in 26 EU countries over the same period. Sweden recorded the largest rise at 13.8 per cent, followed by Poland at 9.7 per cent and Estonia at 9.5 per cent.

The smallest increases were registered in Cyprus (+3.8 per cent), Romania (+4.2 per cent) and Slovenia (+4.6 per cent). -OGN/TradeArabia News Service