Fuel prices set to rise as Cyprus maintains 90-day reserves

Cyprus is facing further fuel price increases in the coming weeks, though supplies remain sufficient for around 90 days, petrol station association president, Savvas Prokopiou, said on Friday.

“Naturally, there will be an uptick in price, unless something changes dramatically,” he said, adding that prices could rise by another five to six cents per litre.

Prokopiou said fuel price management is being coordinated with the consumer protection service and importing companies.

“In a period of 13 days...