Market
Belgian petrol price cap down 20 cents since 13 October, diesel stays high
Belgium's FPS Economy cut the maximum price for petrol sharply again on 4 November. Diesel hit a record on 28 October and has fallen by only 5.8 cents since.
In Belgium, petrol and diesel are moving in opposite directions. On 4 November the maximum price for 95 E10 petrol fell by 8.3 cents per litre and for 98 E5 by 11.9 cents, according to the FPS Economy. Diesel B7 stayed the same.
That puts the E10 cap 20.0 cents below its level on 13 October. For 5 November, the maximum prices for petrol and diesel remain unchanged.
Diesel stays close to its record
On 10 October the maximum price for diesel B7 rose by 10 cents in one step, and on 28 October by another 6.6 cents. That was a record, above the previous one from just over a month earlier. On 30 and 31 October the diesel cap fell by 2.4 and 3.4 cents. It is now 5.8 cents below the record.
On 7 October the cap for diesel B7 was 32.7 cents above that for E10. On 4 November it was 54.7 cents.
What it means at the border
The maximum price is the ceiling at the Belgian pump. Stations may charge less, but not more. Between 10 October and 4 November the cap for petrol or diesel changed on ten days, so timing matters.
On 26 October, the latest day in the figures from Statistics Netherlands (CBS), the Belgian cap for E10 was more than 31 cents below the average price of Euro95 at Dutch pumps. In the Netherlands, Euro95 has been E10 since 2019. For diesel, the Belgian cap was 2.5 cents below the Dutch average. Since then the Belgian cap for E10 has fallen another 9.7 cents.
For petrol, crossing the border pays off well. For diesel, hardly at all.
