Further fuel price cuts expected as refinery costs fall, official says

Further cuts to retail fuel prices are expected in the coming days, on top of reductions already recorded over the past month, the director of the Consumer Protection Service at the Ministry of Energy, Commerce and Industry told CNA.

Konstantinos Karagiorgis said diesel prices have fallen by an average of 13.5 cents over the past month, while unleaded 95 petrol has dropped by an average of 2.4 cents. The president of the Pan-Cyprian Petrol Station Owners Association, Savvas Prokopiou...