Sale of heating oil begins in Greece on Friday amid sharp price fluctuations

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Sale of heating oil begins in Greece on Friday amid sharp price fluctuationsDemand is initially expected to be low due to the high prices and relatively warm weather

The sale of heating oil to households will begin on Friday, at a time when international prices for oil and the exchange rate for the dollar have been fluctuating sharply, ANA reports.

Consumers will be supported by a  subsidy of 0.25 euros per liter announced by the government, as well as heating benefits for the individual, eligible households.

Based on the price for natural gas announced on Thursday, the initial price for heating oil is forecast to be 20% more expensive, ranging between 1.42 and 1.45 euros per liter.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinationsGreek travel marketGreek tourism statisticsGreek tourism report

Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: Versageek

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