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Fuel Price Reductions Expected in Cyprus

May 28, 2026

Reductions in fuel prices are expected in Cyprus over the next 10 days due to a drop in international oil prices. Savvas Prokopiou, President of the Pancyprian Association of Petrol Station Owners, noted that there’s usually a 10-15 day delay in local prices reflecting international fluctuations. Despite recent increases in international prices, it seems that local prices will decrease. However, there are uncertain factors that could affect the situation. Prokopiou believes that based on experience, some reductions are likely to be observed.