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22.09.2026
ECONOMY
14:53

All-time high in fuel prices is coming: How far are we from 2022 prices? Price hikes also in the occupied territories

Heating oil prices have “broken through” the barrier; diesel and gasoline are following suit
ALPHANEWSLIVE


Fuel prices—for diesel, gasoline, and heating oil, heading toward a new all-time high—a record that heating oil has already set. At the same time, fuel prices are rising in the occupied territories as well.

Speaking on the Alpha News program, Marios Drousiotis, President of the Consumers’ Association, noted that the most expensive gas station in all of Cyprus is in Limassol, not in Paphos as is often claimed. Today, the highest price for diesel fuel is €2.076, with the average price reaching €1.963.

Read also: “High Fuel Prices to Last Until Mid-2027”: Greeks Face New Hikes, Nightmarish Forecast for Cyprus

The highest fuel prices were recorded on July 12, 2022, when the price of gasoline was 1,828, diesel at 1.989, and heating oil at 1.515. Today, heating oil has reached €1.575, exceeding the highest recorded price by 6 cents.

Here are the prices in detail:

Read also: Fuel price increases in Cyprus among the highest in the EU

Fuel prices in the occupied territories have also risen, showing an increase of approximately 16 cents compared to August 25, 2026.

Mr. Drousiotis is calling on the government to intervene to lower fuel prices and ease the burden on consumers.

Consumers spoke on the program to journalist Iakovos Iakovou, expressing their outrage over the price hikes:

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