Higher retail fuel prices in Montenegro are increasing operating costs for road transport, construction, agriculture and tourism businesses after new prices came into effect on 16 July. The latest adjustment raised the price of Eurodiesel by €0.09 to €1.67 per litre, while heating oil increased by €0.07 to €1.58 per litre. Eurosuper 95 is now priced at €1.64 per litre, and Eurosuper 98 at €1.68 per litre.
Fuel Prices Rise More Than 20 Per Cent in 2026
Since the beginning of 2026, petrol prices have increased by around 21 per cent, while diesel and heating oil prices are approximately 31–32 per cent higher. A 50-litre diesel tank fill currently costs around €20 more compared with the start of the year.
Government Measures Reduce Impact on Consumers
The Government has introduced temporary excise duty reductions to limit the impact of higher fuel prices.
The measures include a 50 per cent reduction for diesel excise duties and a 25 per cent reduction for both petrol grades. Without these interventions, diesel prices would have exceeded €2 per litre during the spring supply disruption.
Higher Fuel Costs Affect Business Operations
The excise reductions have shifted part of the energy-cost impact from consumers to the state budget by lowering fuel-tax revenues. Diesel price increases have a broad impact on Montenegro’s economy due to the country’s import dependence, mountainous road network and limited use of rail freight transport.
Higher transport costs affect supply chains for food products, construction materials, waste collection, hotel supplies and municipal works. Construction contractors operating under fixed-price agreements face additional pressure where contracts do not include sufficient fuel cost adjustment mechanisms. The increase in fuel prices also affects tourism businesses through higher logistics and operational expenses.
