Fuel prices continue to fall across Cyprus. According to the latest figures from the Consumer Protection Service as of 12 June 2026, petrol and diesel prices at filling stations around the island have declined noticeably compared to the previous week. The most significant reduction has been recorded in the diesel segment, although both petrol grades are also maintaining a steady downward trend.
Market experts note that the price decline may not be over yet. In the coming weeks, new fuel shipments purchased at lower global prices are expected to reach Cyprus, potentially leading to further reductions at the pump. Against this backdrop, petrol station operators are urging the Ministry of Finance to extend the current government subsidy of 8.3 cents per litre, which is due to expire at the end of July.
Average Prices Continue to Decline
The average price of 95-octane petrol in Cyprus fell to €1.581 per litre, compared to €1.605 a week earlier on 5 June. The lowest price on the island remained at €1.525 per litre, while the highest reached €1.699.
98-octane petrol also became cheaper. The average price declined to €1.641 per litre from €1.668 the previous week. Prices ranged from €1.594 to €1.849 per litre, compared to a range of €1.603 to €1.849 on 5 June.
The largest decrease was recorded in diesel fuel. The national average price dropped to €1.731 per litre, down from €1.783 the previous week. The lowest diesel price stood at €1.669 per litre, while the highest reached €1.892. For comparison, on 5 June these figures were €1.717 and €1.905 respectively.
The current trend is directly linked to the relative stabilisation of global energy markets. Following sharp fluctuations in oil prices over recent years, investors continue to closely monitor geopolitical developments in the Middle East as well as the outlook for the global economy.
Despite the decline, fuel expenses remain one of the most significant costs for both households and businesses. Transport companies, tourism operators, and residents of regions where daily car use is essential remain particularly sensitive to fuel prices.
Paphos Remains the Most Expensive Region
As in previous months, Paphos continues to record the highest average fuel prices for most fuel types, although significant reductions have also been observed there. The average price of 95-octane petrol in Paphos fell to €1.599 per litre from €1.629 a week earlier. Prices ranged from €1.576 to €1.649 per litre.
The average price of 98-octane petrol dropped to €1.641 from €1.680 the previous week. Prices ranged between €1.594 and €1.849 per litre. Diesel fell to an average of €1.747 per litre compared with €1.813 previously, with prices ranging from €1.709 to €1.799 per litre.
Nicosia Offers the Lowest Petrol Prices
In the capital region, the average price of 95-octane petrol fell to €1.574 per litre, compared to €1.594 a week earlier. The lowest recorded price was €1.525 per litre, while the highest reached €1.658.
The average price of 98-octane petrol declined to €1.638 from €1.664. Prices ranged between €1.597 and €1.818 per litre. Diesel prices dropped to €1.731 per litre compared with €1.775 previously. The lowest diesel price reached €1.669, while the highest stood at €1.887 per litre.
All Fuel Categories Became Cheaper in Limassol
In Limassol, the average price of 95-octane petrol stood at €1.588 per litre, down from €1.612 a week earlier. Prices at local filling stations ranged from €1.539 to €1.699 per litre.
The average price of 98-octane petrol declined to €1.645 from €1.673. Prices ranged from €1.599 to €1.753 per litre. Diesel fell to €1.734 per litre from €1.788. The lowest price reached €1.695, while the highest stood at €1.892 per litre.
Larnaca and the Free Famagusta District Also Record Significant Declines
In Larnaca, the average price of 95-octane petrol fell to €1.578 per litre compared with €1.603 the previous week. Prices ranged from €1.529 to €1.636 per litre. The average price of 98-octane petrol declined to €1.636 from €1.664, with prices varying between €1.594 and €1.747 per litre. Diesel dropped to an average of €1.724 per litre compared with €1.773 a week earlier, with prices ranging from €1.679 to €1.819.
In the free areas of the Famagusta district, the average price of 95-octane petrol stood at €1.579 per litre, compared to €1.610 a week earlier. The lowest price was €1.565, while the highest reached €1.619 per litre. The average price of 98-octane petrol declined to €1.633 from €1.665, with prices ranging between €1.607 and €1.728 per litre. Diesel dropped to €1.719 per litre from €1.782 the previous week, with prices fluctuating between €1.707 and €1.778 per litre.
What Drivers Can Expect Next
The latest figures confirm that falling fuel prices are no longer a local phenomenon but a nationwide trend. All major fuel categories are becoming cheaper across every region of the country, with the most significant changes occurring in the diesel segment.
At the same time, regional price differences remain, and fuel costs continue to place a considerable burden on many households. If global oil prices remain stable and the government extends the 8.3-cent-per-litre subsidy, Cypriot motorists could see further price reductions in the coming weeks — a development that would undoubtedly be welcomed by family budgets this summer.
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Photos: pixabay.com, DOM
