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MOL to lower diesel prices from Wednesday

Hungarian oil and gas company MOL will lower its wholesale diesel price by HUF 5 per litre from Wednesday, industry insiders told MTI on Monday.

The change will bring prices at the pump to about HUF 444 per litre.

MOL will leave its wholesale petrol prices unchanged.

Petrol sells for about HUF 426-428 per litre at present.

MOL last changed its wholesale vehicle fuel prices a week earlier, raising the price of petrol by HUF 4 per litre and the price of diesel by HUF 6 per litre.

A VAT increase in force from January 1 raised prices at the pump by HUF 6 per litre for petrol and HUF 7 per litre for diesel.