Montenegro Diesel prices, 08-Jul-2024

The current price of diesel fuel in Montenegro is EUR 1.45 per liter or USD 1.57 per liter based on the latest update from 08-Jul-2024. For comparison, the world average diesel price is USD 1.18 per liter.
Montenegro
Diesel prices
 Current price 1.57
 Measure USD/Liter
 Last update 2024-07-08
 Data availability from 2014-07-28
 Data frequency Weekly
Source: Ministarstvo kapitalnih investicija


We show diesel price data for Montenegro from 2014-07-28 to 2024-07-08. The average diesel price during that period is EUR 1.22 per liter with a minimum of EUR 0.82 on 2016-02-01 and a maximum of EUR 1.78 on 2022-06-20. Our data are obtained from official government sources, regulatory agencies, petroleum companies, and major media sources. We update the series for Montenegro every week.


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Diesel prices
Price (EUR/Liter) Percent change
 Current price 1.45 -
 One month ago 1.41 2.8 %
 Three months ago 1.49 -2.7 %
 One year ago 1.39 4.3 %


Our data on: CNN Bloomberg Reuters



Montenegro Diesel prices: The last eight weeks

Montenegro Diesel prices: The last eight weeks

Montenegro Diesel prices, liter, Euro


Montenegro Diesel prices: Historical graph; 2014-07-28-2024-07-08
* A long flat line means that the government fixes the prices.
Montenegro: Diesel price analytics
    Value
Percent of world average diesel price     118.62%
Correlation with crude oil prices     0.92
Percent change if oil prices increase 10%     5.31%
Correlation with USD exchange rate     -0.70
Price flexibility index: 0 (low) - 1 (high)     0.45
Correlation with gasoline prices     0.90
Percent of gasoline price     92.13%
Cost of 40 liter tank, percent of income     7.68%
Diesel consumption, percent of income     0.97%
Updated monthly. Methodological notes
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