Germany's gasoline prices keep dropping, delighting motorists.
Fuel prices in Germany have observed a remarkable decline for the past seven days. Touting this trend was ADAC, a renowned automobile association based in Munich, who reported on Wednesday that the average price for a liter of Super E10 now stands at 1.692 euros. This is a decrease of 1.7 cents compared to the previous week. Meanwhile, diesel also dropped by 1.3 cents, now priced at 1.574 euros.
This downward spiral marks the fourth week in a row of such reductions. ADAC believes that the current Super pricing remains reasonable given the recent moderate uptick in Brent crude oil, which is currently selling at around 79 dollars per barrel.
ADAC advises drivers to refuel either between 19.00 and 20.00 hours or between 21.00 and 22.00 hours, as gasoline is significantly cheaper during these periods. Conversely, prices can hike up to six to seven cents more at 7.00 in the morning.
Though the decrease in fuel costs in Germany is more pronounced compared to the previous week, it's essential to note that gasoline prices haven't been constantly plummeting. In fact, according to the latest data, the average gasoline price in Germany as of February 17, 2025, is EUR 1.76 per liter, slightly higher than the previous month's average of EUR 1.74 per liter.[4]
However, brief declines in fuel prices, especially for diesel, have occurred due to falling crude oil prices and local market dynamics. For instance, in the first week of February, diesel prices dropped by nearly €2/100 liters nationwide in Germany, prompting an increase in heating oil demand as consumers took advantage of the discounted rates to stock up on fuel.[3]
The impact of these fluctuations on diesel prices is intricate, influenced by various factors, including crude oil prices and government regulations. Diesel prices in Germany have also been on the rise, current price being EUR 1.69 per liter as of February 17, 2025.[2] The relationship between gasoline and diesel prices remains strong, with both prices swaying in response to crude oil price changes and regional market conditions.[4]
In conclusion, while temporary drops in fuel prices have occurred, the overarching pattern for both gasoline and diesel in Germany is an increase, attributable to rising crude oil prices and local market circumstances.