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The UAE can divert some of its oil via pipeline to the Indian Ocean port of Fujairah, avoiding the closure of the strait. PHOTO: Dado Ruvic/Reuters
At midnight, the maximum allowed prices of diesel fuel and heating oil will be reduced, while gasoline will become more expensive. Prices will be valid until and including Monday. The maximum allowed price of 95-octane gasoline will increase by three cents at midnight, so that a liter of fuel will cost 1.635 euros. Diesel fuel will be cheaper by 2.8 cents and will cost 1.708 euros per liter until Monday. Even more generously, fuel oil will be cheaper by 3.4 cents, which also applies to so-called agricultural diesel. By Monday, 1,352 euros will have to be deducted for it. The prices of motor fuels are adjusted weekly to the market prices of motor fuels. At the pumps along the highways, fuel sellers can set their prices freely. Brent oil prices once again crossed the $100 per barrel mark due to the stalled negotiations between Iran and the United States. …
