site.btaFuel Prices Up by 2% to 5% over Past Week

Fuel prices in Bulgaria have risen by 2% to 5% over the past week, following the outbreak of the military conflict in the Middle East, which has led to restrictions on oil supplies. According to data from the online platform Fuelo, the most widely used gasoline, A95, has increased by EUR 0.04 per litre, or 3.2%, with indications of further rises. On February 27, the day before the US and Israeli attack on Iran, A95 gasoline was trading at EUR 1.25 per litre; by March 3, it had risen to EUR 1.26, and on Friday, it stands at EUR 1.29 per litre.

Over the past week, A98 premium gasoline has increased by EUR 0.03 per litre, or 2.03%, with a similar upward trend. Its price has gone from EUR 1.48 per litre on February 27 to EUR 1.51 per litre on Friday.

Diesel has seen the largest increase, rising EUR 0.06 per litre, or 4.65%, over the past week. On February 27, diesel was priced at EUR 1.29 per litre. As of Friday, it costs EUR 1.35 per litre.

Liquefied petroleum gas has also increased, up EUR 0.02 per litre, or 3.45%, from EUR 0.58 per litre a week ago to EUR 0.60 per litre on Friday. Methane prices remain stable at EUR 1.13 per kilogram.

Caretaker Energy Minister Traicho Traikov said Thursday that a recent three-euro-cent rise in fuel prices reflects the increase in global crude oil prices and does not signal a sharper surge. He stressed that unless the situation in the Middle East escalates significantly, there is no reason to expect a substantial jump in international markets. Traikov added that he had spoken with Rumen Spetsov, the special commercial administrator of Lukoil Neftohim Burgas, who confirmed that supply volumes are secured until the end of April and that deliveries come from various sources. According to the minister, a 20% increase in fuel prices would require a roughly 60% spike in crude oil prices, a scenario he described as far from current realities.