EU Fuel Prices July 2026: Annual Increase 16.9%, Romania Leads - News and Statistics

Aug 23, 2026

In July 2026, the cost of fuels and lubricants for private transportation across the European Union climbed 16.9% compared with the same month a year earlier, as reported by Eurostat. Among the bloc’s 27 member states, 25 saw higher prices relative to July 2025.

Romania led with the largest year-on-year jump at 24.2%, followed by Germany and Lithuania, each up 22.9%, Bulgaria at 22.2%, the Netherlands at 22.0%, and Finland at 20.5%. Hungary was the only country to see a dip, albeit marginal at 0.1%, while Sweden and Ireland registered the mildest gains at 1.2% and 3.2%, respectively.

The July figure came after annual increases of 20.7% in May and 13.7% in June, with July’s pace trailing May’s in 24 nations. On a month-over-month basis, diesel advanced 4.3% in July, and petrol moved up 4.7%, marking a reversal from the declines seen in June.

Diesel costs rose in 17 EU countries, with Poland posting the sharpest monthly gain at 13.4%, followed by Germany at 12.7% and Greece at 12.1%. Nine nations saw diesel prices drop, most notably Cyprus, Sweden, and Ireland. Petrol prices increased in 14 countries and decreased in 12, with Poland again leading at 17.2%, Germany at 11.0%, and Spain at 7.1%. Sweden experienced the steepest fall at 11.1%.

Interactive table based on the Store Companies dataset for this report.

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#
Company
Headquarters
Focus
Scale
Note
1 Saudi Aramco Dhahran, Saudi Arabia Integrated oil and gas Global World’s largest oil producer 2 China National Petroleum Corp. (CNPC) Beijing, China Integrated oil and gas Global Major state-owned producer 3 Sinopec Beijing, China Integrated oil and gas Global Large refining and chemical capacity 4 ExxonMobil Spring, Texas, USA Integrated oil and gas Global Major international major 5 Royal Dutch Shell London, UK / The Hague, NL Integrated oil and gas Global Global energy major 6 BP London, UK Integrated oil and gas Global Major international energy company 7 Chevron San Ramon, California, USA Integrated oil and gas Global Major US-based international 8 TotalEnergies Courbevoie, France Integrated oil and gas Global French multinational energy major 9 Gazprom Moscow, Russia Gas and oil Global World’s largest natural gas company 10 Rosneft Moscow, Russia Oil and gas Global Leading Russian oil company 11 Kuwait Petroleum Corp. Kuwait City, Kuwait Integrated oil and gas Global State-owned oil company of Kuwait 12 Abu Dhabi National Oil Co. (ADNOC) Abu Dhabi, UAE Integrated oil and gas Global State-owned company of UAE 13 Petrobras Rio de Janeiro, Brazil Oil and gas Global Brazilian state-controlled leader 14 Lukoil Moscow, Russia Oil and gas Global Largest non-state Russian oil co. 15 Petronas Kuala Lumpur, Malaysia Integrated oil and gas Global Malaysian state-owned energy co. 16 QatarEnergy Doha, Qatar Oil and gas Global State-owned petroleum company 17 ConocoPhillips Houston, Texas, USA Exploration and production Global World’s largest independent E&P 18 Valero Energy San Antonio, Texas, USA Refining and marketing Global World’s largest independent refiner 19 Phillips 66 Houston, Texas, USA Refining and marketing Global Major US downstream company 20 Marathon Petroleum Findlay, Ohio, USA Refining and marketing Global Major US refiner and marketer 21 Equinor Stavanger, Norway Oil and gas Global Norwegian state-controlled major 22 Eni Rome, Italy Integrated oil and gas Global Italian multinational energy co. 23 Surgutneftegas Surgut, Russia Oil and gas Global Major Russian oil producer 24 Pemex Mexico City, Mexico Integrated oil and gas Global Mexican state-owned petroleum co. 25 Indian Oil Corporation Ltd. New Delhi, India Refining and marketing Global India’s largest downstream company 26 Repsol Madrid, Spain Integrated oil and gas Global Spanish multinational energy co. 27 Occidental Petroleum Houston, Texas, USA Exploration and production Global Major US-based E&P company 28 Hess Corporation New York, New York, USA Exploration and production Global Independent E&P company 29 Suncor Energy Calgary, Canada Integrated oil sands Global Canadian oil sands leader 30 Reliance Industries Mumbai, India Refining and petrochemicals Global World’s largest refining complex

This report provides a comprehensive view of the crude oil and processed petroleum industry in European Union, tracking demand, supply, and trade flows across the regional value chain. It explains how demand across key channels and end-use segments shapes consumption patterns, while also mapping the role of input availability, production efficiency, and regulatory standards on supply.

Beyond headline metrics, the study benchmarks prices, margins, and trade routes so you can see where value is created and how it moves between exporters and importers within European Union. The analysis is designed to support strategic planning, market entry, portfolio prioritization, and risk management in the crude oil and processed petroleum landscape in European Union.

Quick navigation
Key findings

Regional demand is shaped by both household and industrial usage, with trade flows linking supply hubs to import-reliant countries.
Pricing dynamics reflect unit values, freight costs, exchange rates, and regulatory shifts that affect sourcing decisions.
Supply depends on input availability and production efficiency, creating distinct cost curves across European Union.
Market concentration varies by country, creating different competitive landscapes and entry barriers.
The 2035 outlook highlights where capacity investment and demand growth are most aligned within the region.

Report scope

The report combines market sizing with trade intelligence and price analytics for European Union. It covers both historical performance and the forward outlook to 2035, allowing you to compare cycles, structural shifts, and policy impacts across countries and sub-regions.

Market size and growth in value and volume terms
Consumption structure by end-use segments and countries
Production capacity, output, and cost dynamics
Regional trade flows, exporters, importers, and balances
Price benchmarks, unit values, and margin signals
Competitive context and market entry conditions

Product coverage

Crude Oil and Processed Petroleum

Country coverageCountry profiles and benchmarks

For the regional report, country profiles provide a consistent view of market size, trade balance, prices, and per-capita indicators across European Union. The profiles highlight the largest consuming and producing markets and allow direct benchmarking across peers.

Methodology

The analysis is built on a multi-source framework that combines official statistics, trade records, company disclosures, and expert validation. Data are standardized, reconciled, and cross-checked to ensure consistency across time series.

International trade data (exports, imports, and mirror statistics)
National production and consumption statistics
Company-level information from financial filings and public releases
Price series and unit value benchmarks
Analyst review, outlier checks, and time-series validation

All data are normalized to a common product definition and mapped to a consistent set of codes. This ensures that comparisons across time are aligned and actionable.

Forecasts to 2035

The forecast horizon extends to 2035 and is based on a structured model that links crude oil and processed petroleum demand and supply to macroeconomic indicators, trade patterns, and sector-specific drivers. The model captures both cyclical and structural factors and reflects known policy and technology shifts within European Union.

Historical baseline: 2012-2025
Forecast horizon: 2026-2035
Scenario-based sensitivity to income growth, substitution, and regulation
Capacity and investment outlook for major producing countries

Each country projection is built from its own historical pattern and the regional context, allowing the report to show where growth is concentrated and where risks are elevated.

Price analysis and trade dynamics

Prices are analyzed in detail, including export and import unit values, regional spreads, and changes in trade costs. The report highlights how seasonality, freight rates, exchange rates, and supply disruptions influence pricing and margins.

Price benchmarks by country and sub-region
Export and import unit value trends
Seasonality and calendar effects in trade flows
Price outlook to 2035 under baseline assumptions

Profiles of market participants

Key producers, exporters, and distributors are profiled with a focus on their operational scale, geographic footprint, product mix, and market positioning. This helps identify competitive pressure points, partnership opportunities, and routes to differentiation.

Business focus and production capabilities
Geographic reach and distribution networks
Cost structure and pricing strategy indicators
Compliance, certification, and sustainability context

How to use this report

Quantify regional demand and identify the most attractive country markets
Evaluate export opportunities and prioritize target destinations
Track price dynamics and protect margins
Benchmark performance against regional competitors
Build evidence-based forecasts for investment decisions

This report is designed for manufacturers, distributors, importers, wholesalers, investors, and advisors who need a clear, data-driven picture of crude oil and processed petroleum dynamics in European Union.

FAQ
What is included in the crude oil and processed petroleum market in European Union?

The market size aggregates consumption and trade data at country and sub-regional levels, presented in both value and volume terms.

How are the forecasts to 2035 built?

The projections combine historical trends with macroeconomic indicators, trade dynamics, and sector-specific drivers.

Does the report cover prices and margins?

Yes, it includes export and import unit values, regional spreads, and a pricing outlook to 2035.

Which countries are profiled in detail?

The report provides profiles for the largest consuming and producing countries in European Union.

Can this report support market entry decisions?

Yes, it highlights demand hotspots, trade routes, pricing trends, and competitive context.

1. INTRODUCTION
Report Scope and Analytical Framing
1. Report Description
2. Research Methodology and the Analytical Framework
3. Data-Driven Decisions for Your Business
4. Glossary and Product-Specific Terms
2. EXECUTIVE SUMMARY
Concise View of Market Direction
1. Key Findings
2. Market Trends
3. Strategic Implications
4. Key Risks and Watchpoints
3. MARKET SIZE AND DEVELOPMENT PATH
Market Size, Growth and Scenario Framing
1. Market Size: Historical Data (2012-2025) and Forecast (2026-2035)
2. Growth Outlook and Market Development Path to 2035
3. Growth Driver Decomposition
4. Scenario Framework and Sensitivities
4. CATEGORY SCOPE, DEFINITIONS AND BOUNDARIES
Commercial and Technical Scope
1. What Is Included and How the Market Is Defined
2. Market Inclusion Criteria
3. Product / Category Definition
4. Exclusions and Boundaries
5. Distinction From Adjacent Products and Substitute Categories
5. CATEGORY STRUCTURE, SEGMENTATION AND PRODUCT MATRIX
How the Market Splits Into Decision-Relevant Buckets
1. By Product Type / Configuration
2. By Application / End Use
3. By Customer / Buyer Type
4. By Channel / Business Model / Technology Platform
5. Segment Attractiveness Matrix
6. Product Matrix and Segment Growth Logic
6. DEMAND, CUSTOMER AND CONSUMER ARCHITECTURE
Where Demand Comes From and How It Behaves
1. Consumption / Demand by Country or Region: Historical Data (2012-2025) and Forecast (2026-2035)
2. Demand by End-Use and Buyer Group
3. Demand by Customer / Consumer Segment
4. Purchase Criteria, Switching Logic and Adoption Barriers
5. Replacement, Replenishment and Installed-Base Dynamics
6. Future Demand Outlook
7. PRODUCTION, SUPPLY AND VALUE CHAIN
Supply Footprint, Trade and Value Capture
1. Production by Country
2. Manufacturing Footprint and Supply Hubs
3. Capacity, Bottlenecks and Supply Risks
4. Value Chain Logic and Margin Pools
5. Route-to-Market and Distribution Structure
8. TRADE, SOURCING AND IMPORT DEPENDENCE
Trade Flows and External Dependence
1. Exports by Country
2. Imports by Country
3. Trade Balance and Sourcing Structure
4. Import Dependence and Supply Resilience
5. Strategic Trade Corridors
9. PRICING, PROMOTION AND COMMERCIAL MODEL
Price Formation and Revenue Logic
1. Price Levels and Price Corridors
2. Pricing by Segment / Specification / Geography
3. Cost Drivers and Margin Logic
4. Promotion, Discounting and Procurement Patterns
5. Revenue Quality and Commercial Levers
10. COMPETITIVE LANDSCAPE AND PORTFOLIO POWER
Who Wins and Why
1. Market Structure and Concentration
2. Competitive Archetypes
3. Segment-by-Segment Competitive Intensity
4. Portfolio Breadth and Product Positioning
5. Capability Matrix
6. Strategic Moves, Partnerships and Expansion Signals
11. GEOGRAPHIC LANDSCAPE AND COUNTRY ROLES
Where Growth and Supply Concentrate
1. Core Demand Markets
2. Core Production Markets
3. Export Hubs
4. Import-Reliant Markets
5. Fastest-Growing Markets
6. Country Archetypes and Strategic Roles
12. GROWTH PLAYBOOK AND MARKET ENTRY
Commercial Entry and Scaling Priorities
1. Where to Play
2. How to Win
3. Build vs Buy vs Partner
4. Route-to-Market Choices
5. Localization and Capability Thresholds
6. Entry Risks and Mitigation
13. WHERE TO PLAY NEXT: MOST ATTRACTIVE GROWTH OPPORTUNITIES
Where the Best Expansion Logic Sits
1. Most Attractive Product Niches
2. Most Attractive Customer Segments
3. Most Attractive Markets for Commercial Expansion
4. White Spaces and Unsaturated Opportunities
5. High-Margin and Underpenetrated Pockets
6. Most Promising Product Adjacencies
14. PROFILES OF MAJOR COMPANIES
Leading Players and Strategic Archetypes
1. Leading Manufacturers and Suppliers
2. Regional Specialists and Challengers
3. Production Footprint and Manufacturing Capacities
4. Product Portfolio and Segment Focus
5. Pricing Positioning and Indicative Price Logic
6. Channel / Distribution Strength
7. Strategic Archetypes
15. COUNTRY PROFILES
Detailed View of the Most Important National Markets

View detailed country profiles27 countries
1. 15.1
  Austria
  - Market Size
  - Demand Drivers
  - Country Role in the Market
  - Supply Capability / Production Potential / External Dependence
  - Competitive Presence
  - Strategic Outlook
2. 15.2
  Belgium
  - Market Size
  - Demand Drivers
  - Country Role in the Market
  - Supply Capability / Production Potential / External Dependence
  - Competitive Presence
  - Strategic Outlook
3. 15.3
  Bulgaria
  - Market Size
  - Demand Drivers
  - Country Role in the Market
  - Supply Capability / Production Potential / External Dependence
  - Competitive Presence
  - Strategic Outlook
4. 15.4
  Croatia
  - Market Size
  - Demand Drivers
  - Country Role in the Market
  - Supply Capability / Production Potential / External Dependence
  - Competitive Presence
  - Strategic Outlook
5. 15.5
  Cyprus
  - Market Size
  - Demand Drivers
  - Country Role in the Market
  - Supply Capability / Production Potential / External Dependence
  - Competitive Presence
  - Strategic Outlook
6. 15.6
  Czech Republic
  - Market Size
  - Demand Drivers
  - Country Role in the Market
  - Supply Capability / Production Potential / External Dependence
  - Competitive Presence
  - Strategic Outlook
7. 15.7
  Denmark
  - Market Size
  - Demand Drivers
  - Country Role in the Market
  - Supply Capability / Production Potential / External Dependence
  - Competitive Presence
  - Strategic Outlook
8. 15.8
  Estonia
  - Market Size
  - Demand Drivers
  - Country Role in the Market
  - Supply Capability / Production Potential / External Dependence
  - Competitive Presence
  - Strategic Outlook
9. 15.9
  Finland
  - Market Size
  - Demand Drivers
  - Country Role in the Market
  - Supply Capability / Production Potential / External Dependence
  - Competitive Presence
  - Strategic Outlook
10. 15.10
  France
  - Market Size
  - Demand Drivers
  - Country Role in the Market
  - Supply Capability / Production Potential / External Dependence
  - Competitive Presence
  - Strategic Outlook
11. 15.11
  Germany
  - Market Size
  - Demand Drivers
  - Country Role in the Market
  - Supply Capability / Production Potential / External Dependence
  - Competitive Presence
  - Strategic Outlook
12. 15.12
  Greece
  - Market Size
  - Demand Drivers
  - Country Role in the Market
  - Supply Capability / Production Potential / External Dependence
  - Competitive Presence
  - Strategic Outlook
13. 15.13
  Hungary
  - Market Size
  - Demand Drivers
  - Country Role in the Market
  - Supply Capability / Production Potential / External Dependence
  - Competitive Presence
  - Strategic Outlook
14. 15.14
  Ireland
  - Market Size
  - Demand Drivers
  - Country Role in the Market
  - Supply Capability / Production Potential / External Dependence
  - Competitive Presence
  - Strategic Outlook
15. 15.15
  Italy
  - Market Size
  - Demand Drivers
  - Country Role in the Market
  - Supply Capability / Production Potential / External Dependence
  - Competitive Presence
  - Strategic Outlook
16. 15.16
  Latvia
  - Market Size
  - Demand Drivers
  - Country Role in the Market
  - Supply Capability / Production Potential / External Dependence
  - Competitive Presence
  - Strategic Outlook
17. 15.17
  Lithuania
  - Market Size
  - Demand Drivers
  - Country Role in the Market
  - Supply Capability / Production Potential / External Dependence
  - Competitive Presence
  - Strategic Outlook
18. 15.18
  Luxembourg
  - Market Size
  - Demand Drivers
  - Country Role in the Market
  - Supply Capability / Production Potential / External Dependence
  - Competitive Presence
  - Strategic Outlook
19. 15.19
  Malta
  - Market Size
  - Demand Drivers
  - Country Role in the Market
  - Supply Capability / Production Potential / External Dependence
  - Competitive Presence
  - Strategic Outlook
20. 15.20
  Netherlands
  - Market Size
  - Demand Drivers
  - Country Role in the Market
  - Supply Capability / Production Potential / External Dependence
  - Competitive Presence
  - Strategic Outlook
21. 15.21
  Poland
  - Market Size
  - Demand Drivers
  - Country Role in the Market
  - Supply Capability / Production Potential / External Dependence
  - Competitive Presence
  - Strategic Outlook
22. 15.22
  Portugal
  - Market Size
  - Demand Drivers
  - Country Role in the Market
  - Supply Capability / Production Potential / External Dependence
  - Competitive Presence
  - Strategic Outlook
23. 15.23
  Romania
  - Market Size
  - Demand Drivers
  - Country Role in the Market
  - Supply Capability / Production Potential / External Dependence
  - Competitive Presence
  - Strategic Outlook
24. 15.24
  Slovakia
  - Market Size
  - Demand Drivers
  - Country Role in the Market
  - Supply Capability / Production Potential / External Dependence
  - Competitive Presence
  - Strategic Outlook
25. 15.25
  Slovenia
  - Market Size
  - Demand Drivers
  - Country Role in the Market
  - Supply Capability / Production Potential / External Dependence
  - Competitive Presence
  - Strategic Outlook
26. 15.26
  Spain
  - Market Size
  - Demand Drivers
  - Country Role in the Market
  - Supply Capability / Production Potential / External Dependence
  - Competitive Presence
  - Strategic Outlook
27. 15.27
  Sweden
  - Market Size
  - Demand Drivers
  - Country Role in the Market
  - Supply Capability / Production Potential / External Dependence
  - Competitive Presence
  - Strategic Outlook
16. METHODOLOGY, SOURCES AND DISCLAIMER
How the Report Was Built
1. Modeling Logic
2. Source Register
3. Publications, Regulatory and Industry References
4. Analytical Notes
5. Disclaimer

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Saudi Aramco

World’s largest oil producer

China National Petroleum Corp. (CNPC)

Major state-owned producer

Sinopec

Large refining and chemical capacity

ExxonMobil

Major international major

Royal Dutch Shell

Global energy major

Major international energy company

Chevron

Major US-based international

TotalEnergies

French multinational energy major

Gazprom

World’s largest natural gas company

Rosneft

Leading Russian oil company

Kuwait Petroleum Corp.

State-owned oil company of Kuwait

Abu Dhabi National Oil Co. (ADNOC)

State-owned company of UAE

Petrobras

Brazilian state-controlled leader

Lukoil

Largest non-state Russian oil co.

Petronas

Malaysian state-owned energy co.

QatarEnergy

State-owned petroleum company

ConocoPhillips

World’s largest independent E&P

Valero Energy

World’s largest independent refiner

Phillips 66

Major US downstream company

Marathon Petroleum

Major US refiner and marketer

Equinor

Norwegian state-controlled major

Eni

Italian multinational energy co.

Surgutneftegas

Major Russian oil producer

Pemex

Mexican state-owned petroleum co.

Indian Oil Corporation Ltd.

India’s largest downstream company

Repsol

Spanish multinational energy co.

Occidental Petroleum

Major US-based E&P company

Hess Corporation

Independent E&P company

Suncor Energy

Canadian oil sands leader

Reliance Industries

World’s largest refining complex

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EU Fuel Prices July 2026: Annual Increase 16.9%, Romania Leads – News and Statistics