2024 Marks Third-Highest Fuel Costs in History, 2025 Prices May Ease Slightly

Experts predict fuel prices in 2025 could stabilize or decline modestly, though significant drops are unlikely.

Average 2024 fuel prices in Germany were €1.74 per liter for E10 gasoline and €1.65 for diesel, making it the third-most expensive year on record.
Fuel prices in 2024 saw modest decreases compared to 2023, with E10 gasoline down by 5 cents and diesel by 7 cents per liter.
Analysts expect 2025 prices to remain stable or slightly lower, barring unforeseen global crises, though a return to pre-2020 price levels is deemed improbable.
Key factors influencing fuel costs include global oil prices, which are currently lower due to reduced demand from China, and euro-dollar exchange rates.
A planned increase in Germany's CO2 pricing from €45 to €55 per ton on January 1, 2025, is expected to add approximately 3 cents per liter to fuel costs.