The weekly review of fuel prices in the European Union has shown that diesel fuel in Estonia is the most expensive in the EU, while 95 octane petrol is the second most expensive, excluding taxes. We asked petrol station chains why base prices in Estonia are higher than in some countries with much higher wages. :format(webp)/nginx/o/2024/06/07/16129942t1h1e51.jpg)
Gas station. Photo: Tairo Lutter
The weekly review of fuel prices in the European Union has shown that diesel fuel in Estonia is the most expensive in the EU, while 95 octane petrol is the second most expensive, excluding taxes. We asked petrol station chains why base prices in Estonia are higher than in some countries with much higher wages.
Despite the fact that our excise tax on fuel is significantly lower than in Finland, this week at several petrol stations in our northern neighbours you could buy petrol cheaper than here.
While the price of oil has been trending downwards so far, in Finland the price drop has been driven by fierce competition. According to Tero Kallio, CEO of the Association of the Automotive Industry, the extreme price spread at petrol stations, around 30 percent, is typical. “There are many petrol stations, and each operator sets its own prices,” he told Helsingin Sanomat. At the same time, logistics are expensive, so prices in Helsinki are 10 cents lower than in northern Finland.
