Fuel prices continue to soar in Germany, where diesel reached, this Saturday, a new historical high for the third consecutive day, illustrating the scale of tensions shaking the energy market.
According to data published by the ADAC, the average price per liter of diesel rose by 9.4 cents to reach 2.486 euros at midday, or about 2.73 dollars. Meanwhile, the per-liter price of premium E10 gasoline rose by nearly 8 cents, to 2.234 euros per liter, or about 2.45 dollars.
This new surge comes after a series of records. On Friday already, the diesel per liter had settled at 2.391 euros on average, its highest level ever recorded at that time. The day before, on Thursday, it had surpassed its previous record, set on Wednesday, where it had reached 2.346 euros per liter.
This rapid rise comes as new rules took effect in Germany since last Wednesday to cap fuel prices. These provisions now prohibit service stations from raising their prices more than once per day, drawing on the model long applied in Austria.
But far from easing the market, this new system seems for now to be accompanied by steep increases at the start of the day, with price jumps particularly marked. In this context, the surge in diesel is drawing particular attention, given its direct impact on transport, logistics costs and, more broadly, on the entire German economy.
This renewed price push confirms how much fuels remain under tension in Europe, in a climate where energy markets remain extremely sensitive to external shocks and to new regulatory rules.
