Diesel Prices Soar Past €2 Amid Oil Price Drop
European diesel prices have reached €2.062 per liter at the end of July, up 1.9% from the previous week and a whopping 26% above pre-conflict levels.
This comes despite an 11.3% fall in Brent crude to USD 89.79 a barrel over the same period, according to an analysis by the International Road Transport Union (IRU).
The price hike means that road transport operators have yet to benefit from the recent drop in oil prices.