Fuel price regulation will continue in June, the government has decided

Fuel price regulation will continue in the Czech Republic in June as well. The proposal from the Ministry of Finance was approved today by the government, Finance Minister Alena Schillerová (ANO) announced on the social network X. The Czech Republic introduced daily adjustments of price caps for diesel and petrol in the first half of April in response to rising oil prices due to the conflict in the Middle East.

The Ministry of Finance sets price caps based on a rolling three-day average of wholesale prices. Petrol station operators may apply a maximum margin of three Czech crowns per liter of fuel.

At the same time, due to rising fuel prices, the government decided in April to temporarily reduce the excise tax on diesel from the original 9.95 CZK per liter to 8.011 CZK per liter. The excise tax on petrol has not changed and remains at 12.84 CZK per liter.