gasoline , OIL PRICE "The price of gasoline is at its lowest since May of this year

Trip
with advertising links

Now it costs less than filling the tank for a long time.

Prices for gasoline and diesel dropped steadily in November. On Tuesday, November 27, the orientation price of 95 was unleaded in the Circle K service station chain at NOK 16.27 per liter.

Many reasons

"There are several reasons why the cost of gasoline has dropped significantly, including falling oil prices, but also on the supply side and demand side. more than the cost of gasoline decreases when the driving season in America is over, writes communications director, Knut Hansen, in Circle K at Nettavisen.

Read also: Oil prices drop sharply

Not since May 11, 2018, the price of gasoline has been so low. Then you get gasoline for NOK 16.22 per liter.

FUTURE PRICE: In November, the prices of 95 unleaded (second column) and diesel (third column) declined steadily. On the right, we see the difference between gasoline and diesel in the ear.

fax
excel

The lowest diesel price in a long time

This is not just the price of gasoline that is low. On Tuesday, 27 November, the price of diesel is NOK 16.06 per liter. There has been a decline of 44 øre / liter since the beginning of November.

BENSIN PRIZE: From April 11 to November 27, gasoline and diesel prices have been making waves, but it's now down. The blue line is the price of gasoline, the orange line is the price of diesel.

fax
excel

"The reason why diesel prices do not go down as much and the price of diesel fuel is now fully included in the price of gasoline is the cost of biodiesel that has increased dramatically in recent months" , writes Hansen.

Norway imposes a turnover on biofuels for road transport. This requirement means that those who sell fuel must ensure that 10% of the fuel we convert is biofuel.

Read also: We have historically high gas prices – here are 7 graphs that explain what's going on

The winter quality of biofuels is also in place, which helps to increase costs. It is more expensive to buy than in spring, summer and early fall.

Report errors in the article