News Digest Item
15 Sep 2016

“Petrol and heating oil prices drop again in August”

European Climate Foundation / Bild Zeitung / dpa

Energy prices for German consumers dropped by 0.9 percent in August, following a decrease of 1.2 percent in July. While prices for petrol and heating oil went down, electricity prices remained stable, according to the European Climate Foundation’s (ECF) Energy Price Monitor, Bild Zeitung writes based on a dpa report. The decrease was caused by rising euro exchange rates and lower profit margins for the oil industry, writes Bild.

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