Slovak motorists saw the price of standard 95-octane petrol drop below 1.70 euros per liter during the 45th week of 2026, marking a record decline of over nine cents in a single week according to the Statistical Office of the Slovak Republic.
- Standard petrol fell by 9.4 cents to 1.691 euros per liter, representing a record medweekly drop, Pravda and TASR reported.
- Ordinary diesel edged down by 1.4 cents to 1.965 euros per liter following three weeks of consecutive price increases, according to data from the European Commission bulletin.
While wholesale petrol prices in the Amsterdam-Rotterdam-Antwerp hub dropped more than 32 percent from their October peaks, diesel fell by roughly 14 percent, Pravda reported.
Ondrej Greguš, a financial markets analyst at XTB, said that rising winter heating oil demand and limited product export volumes from the Persian Gulf continue to keep diesel markets constrained.
“Trhy zároveň počítajú s možným prebytkom ropy na svetovom trhu po skončení konfliktu,” Greguš told Pravda, pointing to post-conflict surplus expectations alongside ongoing tanker attacks in the Strait of Hormuz.
Slovakia has the highest petrol prices among its immediate neighbors, although cross-border price gaps have narrowed. Data compiled from the European Commission weekly bulletin shows petrol prices standing at 1.673 euros in Hungary, 1.670 euros in Austria, 1.653 euros in the Czech Republic, and 1.384 euros in Poland.
For diesel, Austria leads regional price charts at 2.087 euros per liter, followed by Hungary at 1.985 euros and Slovakia at 1.965 euros. Despite these local costs, domestic fuel prices sit below the broader European Union weighted average of 1.877 euros for petrol and 2.097 euros for diesel.
| Country | Petrol 95 (€/liter) | Diesel (€/liter) |
|---|---|---|
| Slovakia | 1.691 | 1.965 |
| Hungary | 1.673 | 1.985 |
| Austria | 1.670 | 2.087 |
Simultaneously, the Statistical Office of the Slovak Republic confirmed that basic petrol traded at its lowest level in 17 weeks.
Celosvetové spracovanie ropy sa v októbri medzimesačne znížilo o 1,3 milióna barelov denne na 81,3 milióna barelov denne, podľa údajov IEA. The agency projects an increase in production, supported by new Chinese export quotas and improved crude availability across Asian markets.
Meanwhile, the price of benchmark Brent crude hovered near 92 dollars per barrel as production gradually resumed in the Middle East and OPEC+ output climbed, according to XTB analysis cited by Pravda.
Consumer prices for alternative fuels tracked higher at the start of November, with LPG rising by 7 cents to 0.957 euros per liter, CNG climbing to 2.103 euros per kilogram, and LNG reaching 2.208 euros per kilogram, TASR reported.
