At pre-coronavirus levels, heating oil would be sold if its sale started today.

Market analysts speak of a cost of 1.10 euros per liter in urban centers (Athens and Thessaloniki).

Correspondingly, on an island of the Cyclades, where transport costs are at an average level – not too high, but not too cheap either – the price of heating oil would be 1.26 euros per liter.

There are, however, some islands where the price would range below 1.26 euros per liter, while in others it would exceed 1.30 euros per liter, according to a report by the Free Press.

Shortly before the second lockdown, in October 2020, prices had fallen steeply, reaching 0.776 euros per liter in Athens and Thessaloniki.

Competent market operators, however, clarify that the estimates for this year’s prices are valid based on today’s data, that is, taking into account the prices that apply today, the existing geopolitical conditions, etc.

However, the refineries are the ones that will determine – to a large extent – the price of heating oil, and in fact a few hours before October 15, 2024, when it begins to be sold.

It is possible that the large energy groups will make discounts to oil trading companies, as they have done in the past.