Fuel prices may see moderate reductions in coming days, official says

Nicosia, Cyprus. Fuel prices may drop slightly over the next few days, possibly as early as Wednesday or Thursday, according to Consumer Protection Service director Constantinos Karayiorgis. He said the expected reductions would mainly concern unleaded 95.

Expected price movements

Karayiorgis said the fuel market was a complicated sector that was largely affected by external and geopolitical factors. Based on the course of fuel prices worldwide, he said moderate reductions in fuel prices appeared likely in the coming days, mainly for unleaded 95, possibly even the same day or the next day.

Advice to consumers

Karayiorgis urged consumers to choose petrol stations with the lowest prices, citing significant fluctuations.

Will you compare prices at different petrol stations before refuelling?