Price of heating oil drops by 7-10 cents per litre

A slight drop has been observed in recent days in the price of heating oil in Corfu, due to the fall in international fuel prices. However, compared to other regions in the country, it is still a considerable expense for the family budget.

The current retail price of heating oil in Corfu ranges from 1.40 to 1.47 Euros per litre, Antonis Sakkos, President of Corfu Petrol Dealers Association, told Enimerosi.

The sale of heating oil began in mid-October at 1.47 to 1.50 Euros per litre, but today there has been a decrease of about 7-10 cents. After a period of recovery, the prices of unleaded petrol and diesel are also moving downwards. The former is available at 1.93 Euros per litre, while the latter is priced at 1.78 to 1.79 Euros per litre.

"Currently, there is a downward trend in fuel prices in general due to the decrease in international prices," Mr. Sakkos said. "We hope that prices will remain stable so that people can place their orders.

"However, orders are currently moving sluggishly, as the weather conditions are not yet bad enough for households to fill their tanks. For those who have placed orders, the quantities do not exceed 200-300 litres, both due to the general economic downturn and the high cost that has burdened households, making purchase of larger quantities prohibitive.

"For now, orders are minimal to non-existent. After St. Spyridon's Day, a significant demand for oil is expected ahead of the festive season. Currently, those who place orders do not spend more than 300-400 Euros. Consumers need to be cautious when they find fuel at very low prices. That's why we recommend an average price to consumers," he said.

Heating Allowance

The submission of applications by eligible recipients for the heating allowance has already begun on the online platform "myΘέρμανση".

Those eligible have until December 8 to submit their applications, and the advance payment of the heating allowance will be disbursed by December 22. This year, the allowance ranges from 100 to 1,000 Euros.

Firewood Prices at 120-140 Euros per ton

Those who choose firewood for their heating this winter will need to spend a significant amount. The price per ton is set at 120-140 Euros, similar to last year.

According to industry professionals, demand is at normal levels.