Demand for fuel growing in Czechia despite soaring costs

Demand for fuel in the Czech Republic has increased despite a sharp rise in prices, according to preliminary estimates from the Czech Association of Petroleum Industry and Trade (ČAPPO).

Consumption of diesel rose by roughly 25 percent during March compared to usual levels, while petrol demand increased by up to 15 percent, ČAPPO spokesperson Václav Loula said on Monday.

He stressed that there is no risk of fuel shortages.

Analysts attribute the surge in demand to motorists stocking up in advance, as well as increased interest from drivers in neighboring countries, where fuel prices are higher.