The average price of petrol and diesel in Hungary will fall just in time for Christmas. However, since the abolition of the fuel cap, it is not possible to say the exact price, as it may vary from one petrol station to another.
The reduction will mean that 95 octane petrol will cost three forints less per liter gross, bringing the average price to 631 forints (EUR 1.56), according to Holtankoljak, a Hungarian refuel website. For diesel, there will be a 5 forint reduction for the holiday period, bringing the price to 713 forints (EUR 1.77) per liter.
In Hungary, the government announced a couple of weeks ago that it could no longer maintain the official price for fuel, ending the 480 forint price that had been in place for more than a year.
This means that the public once again has to pay the market price when filling up, which is a big change after the price cap, so any reduction will be welcomed by Hungarians.
Meanwhile, the situation of small petrol stations, which MOL, the leading Hungarian oil and gas company, could not supply with fuel before due to severe shortages, seems to be resolved. Now, the company is able to supply them again, and even those small stations which it could not supply at all and to which it has no contractual obligation to supply, are now receiving fuel from MOL.
Featured photo via Facebook/MOL