A litre of diesel will cost a whopping 21 cents more in Luxembourg from midnight on Wednesday, taking the price to just under €1.70, the government has announced.
Heating oil is also going to increase, up 22.3 cents to €1.145 per litre from Thursday, taking it and diesel above levels last seen at the beginning of October 2023, the government said in a statement on Wednesday evening.
The cost of Super 98 will also rise, by 3.1 cents to €1.648 per litre. The price of Super 95 will remain unchanged, although it underwent a price hike of 3.9 cents overnight from Tuesday to Wednesday.
The price hikes are a direct result of the impact on supply following the bombardment of Iran by the US and Israel last weekend and Tehran’s subsequent retaliation.
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The good news for households that rely on heating oil is that the current spring-like temperatures in Luxembourg are expected to remain for at least a few more days, although the clear skies mean that temperatures are set to drop to freezing at night, according to the latest forecasts from the national weather service Météolux.
(This article was originally published by the Luxemburger Wort. Machine translated with editing by Duncan Roberts)
Source: Ministère de l’Économie
