Author Topic: Heating oil price hike  (Read 124 times)

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Online Maik

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Heating oil price hike
« on: Monday, 24 September, 2018 @ 13:07:18 »
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Heating oil seen 16-17 percent dearer than last year

Heating oil, which will go on sale on October 15, will be more expensive this winter season compared to last, sellers have said.

In an announcement on Monday, the association of gas suppliers in the northern port city of Thessaloniki warned consumers to brace for a sizable increase that is seen in the area of 15 to 16 percent, barring unexpected international developments.

The price per liter is seen starting at 1.11 euros at least in cities and 1.25 euros in remote parts of the country and on the islands.
http://www.ekathimerini.com/232894/article/ekathimerini/business/heating-oil-seen-16-17-percent-dearer-than-last-year

Ah, winter in rural Greece. The air is filled with the sweet sound of chainsaws buzzing like angry bees.

Online Maik

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Re: Heating oil price hike
« Reply #1 on: Tuesday, 16 October, 2018 @ 02:56:47 »
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Heating oil prices post 20 pct rise on last year

The official sales period for heating oil began on Monday in Greece, with prices averaging out at 1.14 euros per liter – 20.7 percent higher than the average rate a year earlier.

...taxation on the commodity in Greece remains high, accounting for 48 percent of the product’s retail price – which represents a clear incentive for smuggling.

Retailers report zero orders for the fuel so far, after sales posted a mammoth decline of 62.4 percent in the period from 2008 to 2017.
http://www.ekathimerini.com/233662/article/ekathimerini/business/heating-oil-prices-post-20-pct-rise-on-last-year