We know Estonia
14.12.2022 | Shopping

Petrol prices go below €1.70 for the first time in 9 months

Text Mark Taylor
Photo Ingel Kink

Petrol prices go below €1.70 for the first time in 9 months

 

On Tuesday, petrol and diesel prices dropped to their lowest levels since March, with both fuels being available for under 1.70 euros per litre at petrol stations in Tallinn.

The prices, which fell by 6 cents compared to Monday, are due to a fall in the price of oil in recent weeks. One of the main reasons behind this dip being China’s strict lockdown restrictions which have reduced demand.

However, with the Chinese government having already announced plans to loosen coronavirus restrictions, demand is expected to rise again in the coming weeks and with it the price of oil.

Yesterday, the price of Brent crude rose by 1.4 per cent, to $79.03 a barrel. However, in recent weeks the price of oil has dropped to levels in line with those before the war in Ukraine, which has severely affected fuel and energy costs around the globe. 

 

Source ERR  

 

To learn more about this and similar topics
Brent Crude China Diesel Prices Fuel Oil Petrol Prices Ukraine

17.1.2023 | Shopping

Elisa: Sales of smartphones fell by 10% in 2022

Elisa: Sales of smartphones fell by 10% in 2022

The difficult situation in the global economy affected electronics sales last year, with smartphone sales falling by 10 per … Read more

14.1.2023 | Shopping

Viru Keskus to reduce opening hours on Sundays

Viru Keskus to reduce opening hours on Sundays

Viru Keskus, one of Tallinn’s largest and most popular shopping centres has announced that it will reduce its Sunday … Read more

29.12.2022 | Shopping

Prisma: Shopping trends changed this Christmas

Prisma: Shopping trends changed this Christmas

Mandarins were popular this Christmas, but the trend for salmon fillets, which had been growing over recent years … Read more

23.12.2022 | Shopping

Rising prices having little effect on Christmas shopping

Rising prices having little effect on Christmas shopping

According to a report made on ERR’s ‘Aktuaalne kaamera’ show on Tuesday, rising prices are having little to no … Read more

17.12.2022 | Shopping

Make Christmas gifts for family and friends this weekend at Nautica Keskus

Make Christmas gifts for family and friends this weekend at Nautica Keskus

This weekend, December 17-18, a festive family day (Perepäeved) will be held at Nautica Keskus in Tallinn. During the … Read more

13.12.2022 | Shopping

Sales of new apartments down by 80% in Estonia

Sales of new apartments down by 80% in Estonia

The demand for new apartments in Estonia is drying up, with just 70 new apartments sold last month. This … Read more

4.12.2022 | Shopping

camera icon5
Estonian contemporary arts and crafts are popular Christmas presents

Estonian contemporary arts and crafts are popular Christmas presents

Katariina guild was founded in 1995. The guild’s medieval building can be found on Vene street in Tallinn’s old … Read more

3.12.2022 | Shopping

Free Muesum Sunday will be marked with a special Christmas sale at Kiek in de Kök tomorrow

Free Muesum Sunday will be marked with a special Christmas sale at Kiek in de Kök tomorrow

The Christmas sales of Estonian museum shops will take place tomorrow, December 4, at Neitsitorn, which is part of … Read more