Fuel price at historic high in Hungary, MOL introduces 36% increase

Diesel prices are at a historic high in Hungary. That is because there is a shortage of that type of fuel in the Central European region. Meanwhile, MOL, the Hungarian gas and oil giant, announced that it would increase the price of charging for electric cars by 35 percent. Find out more details and the new prices in our article below.

According to portfolio.hu, petrol prices did not change today. However, the cost of 1 litre of diesel increased by HUF 10 (EUR 0.024) at the Hungarian fuel stations. Thus, fuel prices are currently the following in Hungary:

95 petrol: HUF 705/l (EUR 1.71)
Diesel: HUF 851/l (EUR 2.06)

That means a historic high in the case of diesel in Hungary. Furthermore, the difference between the price of gasoline and diesel is also at a historic peak relatively and in absolute numbers. Diesel is now HUF 146 (EUR 0.35) more expensive than petrol, which is a 20.7 percent difference.

Read alsoHungary oil reserves could be replenished before year-end

According to hvg.hu, the Hungarian oil and gas giant, MOL, announced a brutal high, almost 37 percent price hike. The measure concerns the charging fee of the electric cars that use the company’s Mol Plugee service. The new prices will be in effect from 1 November.

Registered customers charging vehicles between 11-43 kW performance (AC) will have to pay HUF 149 (EUR 0.36) instead of HUF 109 (EUR 0.26) per kWh. That means a brutal high, 36.7 percent price jump. In the case of the DC charging (50-75 kW and more), the price will go up from HUF 155 (EUR 0.38) to HUF 179 (EUR 0.43) kWh. That is a 15.5 percent rise. For unregistered customers, the charges will be HUF 159 (EUR 0.39) from HUF 119 (EUR 0.29) [AC] and HUF 189 (EUR 0.46) instead of HUF 165 (EUR 0.40) [DC].

The minute fee charged from the 31st minute will remain HUF 1/minute, MOL said.

Hvg.hu says that MOL last raised prices on 1 April.

Source: hvg.hu, portfolio.hu

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Fuel price at historic high in Hungary, MOL introduces 36% increase

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