North Macedonia reduces fuel prices amid budget rebalancing

fuel price reduction petroleum derivatives budget rebalancing excise tax transit consumption

The Regulatory Commission for Energy, Water Services and Communal Waste Management in North Macedonia has announced a reduction in retail prices for petroleum derivatives, effective October 6, 2026. Following a decrease in global market reference prices, Eurosuper BS-95 and BS-98 will drop by 1.50 denar per liter, while Eurodiesel will decrease by 3.00 denar per liter. Other reductions include household oil and heating oil.

Prime Minister Hristijan Mickoski stated that North Macedonia maintains some of the lowest fuel prices in the region, often 25 to 50 cents cheaper per liter than neighboring countries. This price advantage is supported by government measures, including a reduced VAT of 10% for Eurodiesel and a 4 denar reduction in excise tax for gasoline and diesel.

While lower prices benefit consumers and attract transit drivers from neighboring countries—thereby increasing fuel consumption and tax revenue—they also impact the national budget. Mickoski noted that the reduction in excise and VAT revenues is expected to cost the state between 7 and 8 billion denars, necessitating a budget rebalance in October to manage the deficit.

Entities

Aco Ristov · Hristijan Mickoski · North Macedonia · OKTA · Regulatory Commission for Energy, Water Services and Communal Waste Management · Regulatory Commission for Energy, Water Services and Municipal Waste Management · Regulatory Commission for Energy, Waterworks and Communal Services

Claims

What the coverage asserts, and how many sources carry each claim.

[● 3 SOURCES] The retail price of Mazut M-1 NS will decrease by 0.285 denar to 49.597 denar per kg. ekonomijaibiznis.mk · tetova1.mk · portalb.mk
[● 3 SOURCES] The retail price of EUROSUPER BS-95 will decrease by 1.50 denar to 98.50 denar per liter. ekonomijaibiznis.mk · tetova1.mk · portalb.mk
[○ 1 SOURCE] Prime Minister Hristijan Mickoski stated that low fuel prices cost the state budget between 7 and 8 billion denar. portalb.mk
[● 3 SOURCES] The retail price of Extra Light 1 (EL-1) oil will decrease by 3.00 denar to 108.50 denar per liter. ekonomijaibiznis.mk · tetova1.mk · portalb.mk
[○ 1 SOURCE] The government will conduct a budget review due to lower revenues from excise duties. portalb.mk
[● 3 SOURCES] The retail price of EURODIZEL (D-E V) will decrease by 3.00 denar to 97.00 denar per liter. ekonomijaibiznis.mk · tetova1.mk · portalb.mk
[● 3 SOURCES] The RKE has decided to reduce retail prices for oil derivatives. ekonomijaibiznis.mk · tetova1.mk · portalb.mk