Gasoline

In 2018, the sale of diesel-powered cars declined throughout the European Union, except in two countries - Bulgaria and Estonia, according to data from the European Automobile Manufacturers' Association, quoted by Investor.bg.

The National Association of Merchants and Carriers of Fuel in Bulgaria announced on 7th of January that the small fuel traders will launch protests entitled "Yellow vests". The reason is the law on the administrative regulation of the trade with petroleum and petroleum products.

More than 1,000 tons of poor fuel have been withdrawn from the market this year after inspections by the State Agency for Metrology and Technical Surveillance. The imposed sanctions amount to over BGN 1 mln, bTV announced.

4.4% of the verified fuel during the year had quality deviations. More than 1,500 samples were collected in one third of the country's gas stations.

The Finance Ministry is improving its supervision of fuel stations in a bid to crack down on rampant tax evasion and fuel smuggling, by forcing businesses to send a report at the end of each working day with the sum of all transactions made via their cash registers.

Since the beginning of the year, petrol prices have gone up by almost 18% and diesel by almost 20%, according to a reference in the Fuello site, which keeps track of fuel prices on a daily basis. According to experts from the Bulgarian Petroleum and Gas Association, the increase in price is normal and no other price rise is expected.

Greece's Regulatory Authority for Energy (RAE) reportedly called on the Economy Ministry to impose a nationwide price cap on fuel prices through an automatic activation mechanism during a meeting on Tuesday. The ministry, however, is said to disagree with the move.

The authorities are expected to impose a two-month price cap on fuel prices in the southern Aegean islands where unleaded gasoline has soared to almost 2 euros per liter.

The Bloomberg agency (Bloomberg.com) has produced a ranking of countries according to the price of gasoline A-95. Bulgaria has the cheapest but also the most inaccessible fuel in the entire European Union.

The lowest price of gasoline is in the torn-out Venezuela economic crisis

Car owners in the Balkans are fuming over the rising price of fuel and threatening to protest this month, piling pressure on governments to rein in costs to consumers who fear a knock-on effect on the price of food and other goods.

Oil prices hit three-and-a-half year highs last month, twice topping $80 per barrel and pushing up prices at fuel pumps.

U.S. consumer prices rebounded in April after dipping in March, driven by a surge in gasoline prices and an uptick in housing costs, the Labor Department reported May 10.