Petrol prices in the Netherlands drop to lowest level since October 2024
By Simone Jacobs
The price of petrol in the Netherlands has dropped to the lowest level seen since October 2024. Prices are expected to drop further in the coming months as oil prices fall and the US dollar weakens.
Lowest Dutch petrol prices in seven months
At just 2,07 euros per litre of Euro 95, Dutch drivers are now saving 12 cents per litre compared to the high price of 2,19 euros noted in February this year, AD reports based on figures from United Consumers. The price of diesel is also declining, with recommended prices at 1,78 euros per litre instead of the 1,98 euros seen earlier this year.
Hans van Cleef, an expert in energy at consultancy firm Publieke Zaken, expects fuel prices to continue to drop slightly in the coming months. One reason for this is the weakened US dollar, the currency in which oil is traded. "We now get more oil for our euro," said Van Cleef. "Gasoline is made from a quarter of oil."
Declining oil prices make fuel more affordable
Another explanation given for lower petrol prices has to do with the falling oil prices. A combination of less economic growth due to US President Trump’s announcement of import tariffs and the countries in the oil group OPEC+ increasing oil production has resulted in the price of oil dropping 20 percent this year.
While drivers can enjoy the more affordable costs now, petrol prices in the Netherlands are still set to rise by almost 26 cents per litre from 2026 as the government ends the temporary tax cap on fuel.
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Editor for the Netherlands at IamExpat Media. Simone studied Genetics and Zoology at the University of Pretoria in South Africa before moving to the Netherlands, where she has been working as a writer and editor since 2022. One thing she loves more than creating content is consuming it, mainly by reading books by the dozen. Other than being a book dragon, she is also a nature lover and enjoys hiking and animal training. Read more