Oil product prices to be cut from Monday

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MITCThe Infrastructure Ministry has announced cuts in the price of light heating oil and thin fuel oil which will take effect on Monday.

The Ministry said the new prices reflect the cost of the last consignment of light heating oil and thin fuel oil bought by Enemalta.

The prices are the following:

Product Previous price Revised price Saving
Light Heating Oil per litre €0.770 €0.650 €0.120
Thin Fuel Oil 200 per ton €422.00 €349.00 €73.00
Thin Fuel Oil 450 per ton €403.00 €335.00 €68.00
Thin Fuel Oil 900 per ton €373.00 €313.00 €60.00

The prices include VAT where applicable and the ministry also advised that the price cuts do not include oil products sold from the pumps.

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