The next few days will see a slight rise in fuel prices in the Netherlands as a result of the attack on oil installations in Saudi Arabia.
The attack on Saudi oil installations, the source of global oil production, has led to a rapid rise in fuel prices which will increase the global price of gasoline.
Economic analyst Jos Versteeg of InsingerGillissen believes that the average Dutch driver will not immediately feel a significant impact of the price increase, as the rise will be a few cents per liter.
Versteeg added that oil companies are always responding very quickly to developments, so after the attack on oil facilities in Saudi Arabia, the price of fuel will certainly rise.
The price of oil is of great importance to the price of gasoline, but in the Netherlands the effect of higher prices is mitigated to some extent.
If the price of the raw material increases by 9 or 10 percent, as it is now, this would mean an increase in the price of gasoline by about 3 cents per liter.