#petrol prices

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 ...

Fuel prices may soar local experts said on Monday, following escalating uncertainly in the Middle East which has been described as “on the brink” amid fears of an Israeli counter-offensive ...

Petrol prices in Cyprus have risen on average 8.3 cents per litre, after a government measure to subsidise fuel tax was lifted on April 1. The increase of 8.3 cents per litre was ...

By Antigoni Pitta and Elias Hazou President Nikos Christodoulides on Thursday warned of large increases in the prices of motor fuel at the end of the month, following the end ...

Fuel prices are set to increase “by four or five cents per week until at least the end of the month”, chairman of the petrol station owners’ association Christos Christodoulou ...

Three political parties have released statements calling on the government to reinstate the fuel subsidy that was scrapped on July 1, causing an 8.3 cent per litre price rise for consumers. Disy ...

The price of a litre of petrol in the north has gone above 30TL for the first time since the currency was revalued in 2005, with the equivalent value now also ...

Fuel prices are set to decrease by three cents per litre in the coming days, an energy ministry official said on Tuesday. “It’s expected that in the next few ...

President Nikos Christodoulides on Sunday defended the decision to lift the subsidy on fuel prices after receiving much criticism from both opposition parties and members of the public. The additional 8.3 ...

The Cyprus petrol station owners’ association in Nicosia filed a complaint to the competition authority (CPC) on Tuesday for fair play violations on the part of major petrol importers. According ...

Fuel prices at the pump should remain stable in the near term but will likely creep up in the coming weeks following Opec’s decision to cut oil production, an ...

The union of petrol station owners has called for an urgent meeting with the president to finally resolve what they say is the unacceptable purchasing of petrol from the north. ...