economy
EU countries respond to record transport fuel prices
70USD per barrel
Crude oil prices were around USD 70 per barrel before hostilities began in the Middle East.
Transport fuel prices in the European Union have reached record highs, driven by higher crude oil prices, disrupted refined-fuel supplies and increased shipping costs. EU countries are using tax cuts, targeted payments and state aid to limit the impact.
1 sourceFRANCE 24Updated
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Transport fuel prices in the European Union reached record highs in recent days.
“Transport fuel prices in the European Union have struck record highs in recent days”
- 70USD per barrel
Crude oil prices were around USD 70 per barrel before hostilities began in the Middle East.
“climbing from around $70 per barrel just before hostilities began”
- 100USD per barrel
Crude oil prices were about USD 100 per barrel at the time of the report.
“to about $100 currently”
- 50USD per barrel
AllegedPatrick Pouyanne said additional transport costs for refined-fuel companies rise to around USD 50 per barrel.
“the additional transport cost rises to around $50 per barrel”