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EconomyEU fuel prices hit records as ECB experts see diesel margins peaking in October

EU petrol and diesel prices reached record highs this week, according to the European Commission. Refining margins, the cost of converting crude oil into fuel, are partly responsible, while ECB experts told Euronews that diesel margins are not expected to peak until October, meaning prices may stay elevated.

EUfuel pricesdieselrefining margins

Eeuronews★★★☆☆2026-09-19 05:00Original

EU fuel prices hit records as ECB experts see diesel margins peaking in October
Economy