Cyprus Mail26 Jun 2026

Cyprus fuel sales decline amidst government efforts to curb costs

Cyprus’ total sales of petroleum products fell by 5.1 per cent in May 2026 compared with the same month last year, even as monthly demand strengthened and the government moved to shield motorists from elevated fuel costs by extending reduced excise duties.

According to figures released on Friday by the Cyprus Statistical Service (Cystat), total petroleum sales reached 127,538 tonnes in May 2026, representing a decline from May 2025....

This is a summary. Read the full article at Cyprus Mail.

Read full article

More from Cyprus

All news

Cyprus Mail

Kadis unveils first EU strategy for coastal communities, highlighting opportunities for Cyprus

European Commissioner for Fisheries and Oceans Costas Kadis on Friday unveiled the European Union’s first-ever strategy dedicated to coastal communities, describing it as a landmark initiative designed to strengthen the prosperity, resilience and liveability of regions that ar...

today

Cyprus Mail

Cypriot banks receive vote of confidence from Limassol-based investment firm

The Bank of Cyprus (BoC) and Eurobank are well positioned to benefit from a renewed re-rating of Hellenic banking stocks, according to Cyprus-based investment firm Roemer Capital, with the company upgrading the former to a buy recommendation and reaffirming its positive stance...

today

in-cyprus

RSM Cyprus: Confident decisions start with local expertise and worldwide reach

Markets evolve fast, regulations shift, and stakeholders expect transparency more than ever. Leaders need advisers who see the full picture and turn it into decisions you can act on. RSM Cyprus brings together assurance, tax and consulting expertise in one team, based in Cypru...

today

Cyprus Mail

Fitto: EU island strategy must now move from vision to action

The European Union’s new strategy for islands is only a starting point and must now be turned into practical policies that respond to the daily realities of island communities, European Commission Executive Vice-President Raffaele Fitto said on Thursday. Speaking at the high-l...

today