Enemed has announced a rise in fuel prices, with will be effective as from tomorrow, Thursday, the 1st of August.
They are the first increase in fuel prices since the 1st of August [1] last year.
Th company said in a statement said that petrol – E-Unleaded will go from €1.36 to €1.41, E-Diesel from €1.23 to €1.28, E-Power petrol will go from €1.51 to €1.55 and E-Power diesel from €1.33 to €1.36.
The Energy Ministry in a statement said that, even with with this price revision, prices in Malta are lower than the EU average. With the price of petrol and diesel 3c and 5c cheaper than European average.
It added that “while the international price of oil at the beginning of the year was €47 a barrel, the price now is €57 a barrel, this is 21% more than in the past seven months.
The Ministry argued that while in other parts of Europe petrol and diesel prices had risen several times, they had remained at a stable price in Malta for the last year.