German Fuel Prices Remain Stubbornly High Despite Global Oil Price Collapse

A 17% drop in crude oil prices following US tariffs has not been fully reflected at German pumps, drawing criticism from consumer advocates.

Global crude oil prices have plummeted by 17% since April 2, following new tariffs announced by US President Donald Trump.
Despite the significant drop in oil prices, German fuel prices have only marginally decreased, with gasoline down just 1.4 cents per liter and diesel by 1.1 cents.
The ADAC has criticized oil companies for failing to pass on the full benefits of lower crude prices to consumers, urging further reductions at the pump.
Economic experts warn that the tariffs could lead to a global economic downturn, further reducing oil demand and exacerbating market uncertainty.
Major financial institutions, including Goldman Sachs and Morgan Stanley, have revised their oil price forecasts downward in response to the ongoing market decline.