fuel

Petrol and diesel prices to rise in 2028 due to EU harmonisation, with €174m to be paid in compensatory measures, MPs hear

It was noted that support for vulnerable groups will cover the period from 2027 to 2032

07:32 - 02 September 2026

Fuel price increases in Cyprus below EU-27 average

According to the CPS, the retail price of 95-octane unleaded petrol increased by 27 cents per litre in Cyprus, compared with 29 cents per litre across the EU-27

07:39 - 26 August 2026

Economy

Total sales of petroleum products down 5.1% in May 2026

A drop was observed in the provisions of marine gasoil (-13.3%) and aviation kerosene (-7.5%), among other categories

12:55 - 26 June 2026

Economy

Cyprus Parliament unanimously approves extension of reduced fuel taxes

Before the vote, the House Finance and Budget Committee held an extraordinary meeting to examine the bill and prepare its report

07:52 - 26 June 2026

Economy

Significant fuel price drops expected, Consumer Protection Service Director says

Savvas Prokopiou, President of the Pancyprian Association of Gas Station Owners, also says retail fuel prices had fallen over the past month

13:13 - 11 June 2026

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Current Affairs

Possibility of small reductions in fuel prices, says Customer Protection Service Director

Constantinos Karagiorgis says reductions mainly concern unleaded 95

10:40 - 22 April 2026

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