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How much does oil cost in Europe?

It is a similar story for oil, where in early trading the cost of a barrel of Brent crude briefly reached $139 – within striking distance of its record high of $147 a barrel in 2008. On some estimates, Europe is paying $285m a day for Russian oil.

How much does petrol cost in Europe?

However, the price of fuel in Europe is still more than double the US price at $1.85 per litre ($7.0/US gal). Russia and some neighboring countries have a much smaller tax, with fuel prices similar to the US. Competitive petrol pricing in the UK is led by supermarkets with their own forecourts.

What is the highest crude oil price in Europe in 2022?

OIL EUR History Welcome to the OIL EUR historypage, tracking the last 4140 days of the Crude Oil Price in Euros. Highest:116.70415 on Sunday 6 March 2022.

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