Heating oil will drop 0.3 cents to EUR 1.011, according to a press release from the Government Communication Office.

The cabinet raised the excise duties in a correspondence session on Monday. Excise duty on unleaded petrol went up from EUR 511.61 to EUR 521.33 per 1,000 litres.

Duty on liquefied petroleum gas went from EUR 395.48 to EUR 404.09 per 1,000 litres, while duty on heating oil went from EUR 77.52 to EUR 86.16 per 1,000 litres.