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Norwegian diesel prices hit record high as prices surge by nearly four kroner per litre

Diesel prices in Norway jumped sharply, reaching a record level of almost four kroner per litre within hours, according to the founder of the Drivstoffappen.

Norwegian diesel prices have spiked to a new record, climbing by almost four kroner per litre in just a few hours, according to Syver Orhagen of the Drivstoffappen. Prices that were stable around 26.50-27 kroner in the morning rose to about 30 kroner by late afternoon, with Circle K stations among the most expensive and ST1 in Oslo reporting a price of 31.17 kroner per litre. Orhagen notes that September’s average diesel price has been 27.25 kroner, so today’s level is roughly two kroner above that benchmark, while gasoline 95 is also about one and a half kroner higher than its September average of 25.53 kroner.

Regional variations are wide, with the most expensive diesel near Voss close to 32 kroner and the cheapest on Frøya at 24.39 kroner. The price gap between the priciest and cheapest diesel stations exceeds seven kroner per litre, translating to nearly 380 kroner on a full tank. Economists warn that the surge could continue, with potential for further increases before the end of the year.

Why it matters

Rising fuel costs affect transportation expenses and household budgets across Norway.

In this story

diesel price recordfuel price surgeNorwegian gasolineprice gapfuel tax cutoil price jump
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