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Heating oil distribution across Greece starts Oct 15 (POLL)

Heating oil distribution across Greece is expected to start today, Tuesday, 15.  October  2024, and thus at prices lower since 2022, according to the latest market estimates.

The average price in Attica is expected to be 1.15-1.17 euros per liter with an upward escalation in the regions and the islands due to transportation costs.

According to the data of the Price Observatory of the Ministry of Development, last year the nationwide average price of heating oil at the beginning of the period was 1.425 euros per liter (in Attica 1.4 euros) and in 2022 it was respectively 1.409 euros nationwide and in Attica at 1,379 euros.

Market sources said that the majority of consumers have not stockpiled oil for next winter. They estimate that despite the fact that the weather still does not put pressure on the oil market, those who believe that there is a risk of an increase in international prices will rush to order.

Offers by the banks

Shell announced on Monday that from 15/10 to 31/11 those consumers who buy heating oil worth more than 500 euros with Piraeus Bank yellow cards, have a profit of 6% with a credit card or prepaid and 3% with a debit card and an additional bonus with gift vouchers yellow for Shell motor fuel purchases.

Also, those consumers who choose Piraeus Bank or transact with the National Bank’s go4more program, have a benefit of 2% with a credit card and 1% with a debit card. Those who choose to transact with Alpha Bank’s Energy Mastercards will see a 3% profit.

AVIN in collaboration with National Bank and the Go For More rewards programme offer a 6% profit in Go For More points for purchases with credit cards and 3% for purchases with National Bank debit cards.

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