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12 clusters · 55 sources · 62 days · First seen 2 months ago · Last updated 1 day ago

North Macedonia fuel prices and oil supply stability

Overview

To mitigate rising costs and potential supply disruptions, the North Macedonian government approved a temporary reduction in the Value Added Tax (VAT) on diesel from 18% to 10%, effective September 15, 2026. Prime Minister Hristijan Mickoski noted the measure was intended to offset projected price hikes, aiming to bring diesel to approximately 99 denars per liter, though gasoline prices like Eurosuper BS-95 were expected to rise. The opposition SDSM criticized the move as “belated and partial,” suggesting more aggressive measures such as a 5% VAT or the total abolition of excise duties were necessary. On September 22, diesel prices rose to 104.50 denars per liter following an RKE decision, a move criticized by the Levica party due to its impact on the agricultural sector. In response to calls from political leaders like Venko Filipçe for deeper tax cuts, the RKE announced further reductions in maximum retail prices effective October 6, 2026, including EURODIZEL (D-E V) at 97.00 denars per liter. While these prices remain among the lowest in the region, the loss in excise revenue is projected to cost the state budget between 7 and 8 billion denars, necessitating a budget rebalance. As of late October 2026, international market volatility increased as Brent crude oil prices rose approximately six percent to $116.72 per barrel. However, following fluctuations in global reference prices, the Regulatory Commission for Energy, Waterworks, and Waste Management announced a reduction in average retail prices for petroleum derivatives by 1.89 percent. Effective midnight on October 27, 2026, EUROSUPER BS-95 and EUROSUPER BS-98 gasoline prices will decrease by 5 denars per liter to 91 and 93 denars, respectively. EURODIZEL BS remains at 99 denars per liter, while extra light household oil (EL-1) will drop by 0.50 denars to 110 denars per liter.

Entities

North Macedonia · Hristijan Mickoski · OKTA · Thessaloniki · Government of North Macedonia

Claims

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

[● 3 SOURCES] The government plans to reduce the VAT on diesel fuel from 18% to 10%.
[● 3 SOURCES] The VAT reduction is expected to lead to a decrease in diesel fuel prices.
[● 3 SOURCES] The tax reduction will impact state budget revenues.
[● 3 SOURCES] The RKE has decided to reduce retail prices for oil derivatives.
[● 3 SOURCES] The retail price of EUROSUPER BS-95 will decrease by 1.50 denar to 98.50 denar per liter.
[● 3 SOURCES] The retail price of EURODIZEL (D-E V) will decrease by 3.00 denar to 97.00 denar per liter.
[● 3 SOURCES] The retail price of Extra Light 1 (EL-1) oil will decrease by 3.00 denar to 108.50 denar per liter.
[● 3 SOURCES] The retail price of Mazut M-1 NS will decrease by 0.285 denar to 49.597 denar per kg.
[○ 1 SOURCE] Electricity prices for households may remain at current levels starting in January.
[○ 1 SOURCE] The Prime Minister expects a stable heating season without energy supply disruptions.
[○ 1 SOURCE] Prime Minister Hristijan Mickoski stated that low fuel prices cost the state budget between 7 and 8 billion denar.
[○ 1 SOURCE] The government will conduct a budget review due to lower revenues from excise duties.

Timeline

1 day ago

[BUSINESS] 8 sources
North Macedonia fuel prices decrease as gasoline drops by 5 denars
North Macedonia's energy regulator has lowered gasoline prices by 5 denars per liter, while diesel prices remain stable, following shifts in global oil markets.
3 days ago

[BUSINESS] 2 sources
North Macedonia considers restarting OKTA refinery
North Macedonia is exploring the reactivation of the HELLENiQ Energy-owned OKTA refinery to enhance energy security and reduce fuel import dependency.
7 days ago

[BUSINESS] 12 sources
OKTA introduces 2 denar per liter diesel discount in North Macedonia
OKTA is introducing a temporary 2 denar per liter discount on diesel in North Macedonia through November 2, 2026, to mitigate international market volatility.
11 days ago

[BUSINESS] 4 sources
North Macedonia considers restarting OKTA refinery amid stable fuel supply
North Macedonian officials report no expected diesel shortages for the coming year and are evaluating the potential restart of the OKTA refinery to bolster domestic production.
13 days ago

[BUSINESS] 3 sources
North Macedonia fuel prices remain stable except for industrial fuel oil
Fuel prices for gasoline, diesel, and household oil in North Macedonia will remain unchanged, while industrial fuel oil prices will increase slightly starting October 14, 2026.
23 days ago

[BUSINESS] 11 sources
North Macedonia reduces fuel prices amid budget rebalancing
North Macedonia is lowering fuel prices, with diesel dropping by 3 denars and gasoline by 1.50 denars per liter, as the government manages budget impacts from reduced excise and VAT revenues.
26 days ago

[BUSINESS] 4 sources
North Macedonia faces 113 million euro budget impact from fuel tax cuts
North Macedonia faces a 113 million euro budget impact due to fuel tax reductions, while the Euro hits a 16-month low against the Dollar.
27 days ago

[POLITICS] 2 sources
Venko Filipçe calls for fuel tax cuts in North Macedonia
LSDM leader Venko Filipçe has urged the government to reduce VAT to 5% and remove fuel excise taxes to lower prices by 15-20 denars.
about 1 month ago

[BUSINESS] 2 sources
Diesel prices in North Macedonia rise to 104.50 denars per liter
Diesel prices in North Macedonia have jumped to 104.50 denars per liter, sparking concerns for farmers and calls from political groups to reduce fuel margins and transport tolls.
about 1 month ago

[BUSINESS] 8 sources
North Macedonia reduces diesel VAT to mitigate rising fuel prices
North Macedonia has reduced diesel VAT from 18% to 10% to offset rising costs, leading to lower diesel prices but higher gasoline prices. Opposition leaders have called the measure insufficient.
about 1 month ago

[BUSINESS] 26 sources
North Macedonia reduces diesel VAT from 18% to 10%
North Macedonia is reducing diesel VAT from 18% to 10% to combat rising fuel prices. The measure aims to lower diesel costs to around 99 denars per liter, though opposition calls the move belated.
2 months ago

[BUSINESS] 5 sources
North Macedonia plans fuel VAT reduction amid energy concerns
Prime Minister Hristijan Mickoski announced plans to reduce fuel VAT and confirmed that North Macedonia's oil reserves can cover 50-60% of pre-crisis consumption levels.

Sources

360stepeni.mk · a1on.mk · aktuale.mk · alfa.mk · antropol.mk · biznismagazin.rs · biznisvesti.mk · brif.mk · centar.mk · danas.rs · denesen.mk · ekonomijaibiznis.mk · energymag.gr · english.republika.mk · insajder.net · irpimedia.irpi.eu · koha.mk · libertas.mk · lider.mk · lokalno.mk · makfax.com.mk · makpress.mk · miroslavaarpasova.blog.sme.sk · mononews.gr · nacionalno.mk · nova.rs · novamakedonija.com.mk · opserver.mk · panoptikum.mk · plusinfo.mk · portalb.mk · poslovni.hr · press24.mk · racin.mk · republika.mk · sdsm.org.mk · shenja.tv · sitel.com.mk · skopskoeho.mk · spektra.com.mk · telegrafi.com · tetova1.mk · tetovasot.com · thewrestlinguniverse.com · tocka.com.mk · trn.mk · ts.mk · utrinskivesnik.mk

This summary has been updated 23 times: see revision history