Fuel price hit all-time high in Georgia, the average cost of regular fuel exceeds 3 GEL.
The cost of other brands of fuel has also risen to record levels. For example, the price for premium brand fuel ranges within 3.12-3.17 GEL, while Euro diesel costs 3.05-3.07.
Despite that GEL strengthened by 10.1% against USD over the past 120 days, fuel cost has risen by 13% over the same period, which is related to the global market price. The cost of a barrel of oil now totals to $ 69, while 4 months ago it has been $ 63.8.
