Petrol price probe launched
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 in petrol prices
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 ...
Fear that petrol will hit €2 a litre
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 price increases fluctuate between districts
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 ...
President warns of impending fuel price surge (Update 2)
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 to go up by ‘four or five cents per week’
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 ...
Parties fume at fuel costs, call for subsidy reinstatement
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 ...
North petrol price rises above 30TL for the first time
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 ...
Prices at the pump set for further fall
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 defends fuel price hikes
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 ...
Petrol station owners report fuel companies for unfair pricing
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 ...
Prices at the pump likely to rise after Opec decision
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 ...
Petrol station owners call for urgent meeting with president, action over north fuel sales
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.
...
Consumers see no benefit as petrol and diesel prices fall
The price of petrol fell by 44 cents per litre on January 8 from its historic high of €1.8 per litre recorded in July, according to the Cyprus Consumers Association.
The price of ...
Fuel prices set to decrease in the coming days
Petrol stations are set to reduce the price of fuel in the upcoming days, according to the president of the Cyprus Consumers’ Association Marios Drousiotis.
In statements made to the ...
Bill putting ceiling on prices at the pump heads to plenum
Main opposition party Akel said on Tuesday a bill allowing for a cap on the price of fuel products would head to the House plenum later this week.
The decision ...
Climate goals take second place as EU states cut petrol prices
By Gavin Jones
A growing number of European countries are cutting fuel taxes to lower surging pump petrol prices. The move brings respite to motorists but environmentalists say it flies ...
Arrest after illegal sale of petrol in Paphos
A Paphos man has been arrested as authorities investigate the illegal storage and sale of petrol in an unlicensed facility, police said on Monday.
In a combined approach, relevant local ...
Tax cut on petrol won’t stop price rises, public warned
Petrol prices are set to rise further and there’s not much else Cyprus can do, as its taxes on fuel are already near the EU-set minimum limit, an industry ...
House approves petrol tax cut by seven cents a litre (Update 2)
Parliament on Thursday passed a law cutting tax on petrol and diesel by seven cents a litre, as the finance minister announced an extension on the period for reduced VAT ...
Brace for fuel price hikes, petrol station owners warn
Petrol stations are warning that prices are set for a new increase of up to 10-15 cents per litre in the coming weeks because of the crisis in Ukraine.
“About ...
Drivers warned of more increases at the pump
Drivers can expect continued price rises at the pump, the Cyprus Consumers Association (CCA) said on Monday saying that inflation has surge.
The group said that petrol 95 has notched a 0.308 ...
Our View: Government in a pickle over taxi petrol protests
THE Republic’s official, probably a customs officer, who asked to check the petrol tank of a taxi, before it crossed to the north on Saturday to ensure the taxi ...