#petrol prices

The finance ministry is “monitoring the situation” with the cost of fuel continuing to increase in recent weeks amid developments in the conflict in the Middle East, its spokesman Michalis ...

The price of fuel at the pump is expected to increase further in the coming weeks, petrol station owners’ association chairman Savvas Prokopiou warned on Friday, with recent developments in ...

Consumers paid an additional €23 million for fuel over the past six months as a result of price increases, including €4 million in VAT charged on those increases, the Cyprus Consumers Association ...

Fuel prices are likely to rise further unless current trends change, consumer protection service director Constantinos Karagiorgis warned on Monday. “There is a possibility, if nothing changes, that the next ...

Consumers should brace for new fuel price hikes come 2028, MPs heard on Tuesday, as Cyprus harmonises with EU rules increasing the use of biofuels in transport. In parliament, officials said ...

The reduction in fuel consumption tax will be extended for another one or two months, Finance Minister Makis Keravnos said on Tuesday, as the government moves to maintain relief at ...

Petrol and diesel prices in Cyprus have risen by less than the European Union average, with the difference ranging from two to eight cents per litre, the Consumer Protection Service (...

Petrol station owners said on Monday they anticipate a drop in fuel prices at the pump by the end of the month, provided however that the global price of oil ...

Motorists are skimping at the pump as the fallout of the Iran war keeps petrol prices high, the head of the association of petrol station owners said on Thursday. According ...

Fuel prices in Cyprus remain among the lowest in Europe, consumer protection service director Constantinos Karagiorgis said on Friday. “We are monitoring refinery prices and the shipments arriving in Cyprus. ...

The U.S. military said it would block shipping traffic in and out of Iran’s ports starting at 10 a.m. ET (1400 GMT) on Monday, a move that would prevent ...

The ceasefire between Iran and the United States could result in a fuel price drop in the next 10 to 15 days, chairman of the petrol station owners Savvas Prokopiou said on ...

Parliament on Thursday approved the government’s plans to temporarily reduce the fuel consumption tax in light of rising prices amid the ongoing war in the Middle East. The rate ...

Cuts to value added tax (VAT) on fuel would not comply with European Union law, the European Commission said on Wednesday, as governments across Europe attempt to combat spiking fuel ...

The package of eight measures announced by the government to combat rising costs amid the ongoing conflict in the Middle East is worth €100 million, government spokesman Konstantinos Letymbiotis said on ...

Consumer fuel prices jumped by the largest amount seen in the last three years during business hours on Thursday, consumers’ association chairman Marios Drousiotis said, with the impact of the ...

The government on Thursday announced a package of eight measures which it hopes will help combat rising costs after four weeks of war in the Middle East. Firstly, the reduced ...

Fuel prices in Cyprus are expected to rise significantly in the coming days, with authorities warning on Thursday that new cargoes arriving on the island will likely push pump prices ...

Fuel prices are expected to rise “visibly” in the next 10 days, petrol station owners’ association chairman Savvas Prokopiou said on Monday, with a widening conflict now engulfing the region. He ...

Fuel prices in Cyprus are expected to see a sharp, but temporary, rise due to the conflict between Israel and Iran in the Middle East, Energy Minister George Papanastasiou said ...

Fuel prices are expected to rise sharply as a result of escalating tensions in the Middle East, chairman of the association of petrol station owners Savvas Prokopiou said on Friday. “...

Green taxes expected to come into effect in May are now being postponed, finance ministry permanent secretary Andreas Zachariades said on Thursday. Zachariades said the carbon taxes would most likely ...

An investigation will be launched over the fuel industry after suspicions of market distortion, the commission for the protection of competition announced on Wednesday. The investigation will cover the time ...

Huge differences have been found in petrol retail prices around the island, some exceeding 14 cents per litre, the Cyprus consumer’s association said on Tuesday. The association published a report ...