Berliner Boersenzeitung - Holiday rush drives demand at Europe's busiest fuel station

EUR -
AED 4.095102
AFN 72.480008
ALL 90.801688
AMD 402.807486
ANG 1.995737
AOA 1023.635334
ARS 1721.721299
AUD 1.61933
AWG 2.007127
AZN 1.900047
BAM 1.955836
BBD 2.250342
BDT 139.162586
BGN 1.948955
BHD 0.422108
BIF 3342.96213
BMD 1.115071
BND 1.431727
BOB 13.402249
BRL 6.138357
BSD 1.117321
BTN 104.873949
BWP 15.391286
BYN 3.345962
BYR 21855.38619
BZD 2.247142
CAD 1.573644
CDF 2586.964483
CHF 0.914162
CLF 0.027822
CLP 1094.980351
CNY 7.444774
CNH 7.438418
COP 3608.76707
CRC 506.709417
CUC 1.115071
CUP 26.815498
CVE 110.267049
CZK 24.346956
DJF 198.963698
DKK 7.480457
DOP 67.891262
DZD 151.940824
EGP 59.957114
ERN 16.726061
ETB 183.378708
FJD 2.526309
FKP 0.833961
GBP 0.834166
GEL 2.893653
GGP 0.833961
GHS 13.055243
GIP 0.833961
GMD 83.077063
GNF 9896.183924
GTQ 8.538159
GYD 234.234353
HKD 8.744429
HNL 30.029558
HRK 7.547925
HTG 146.432722
HUF 363.51345
IDR 20192.258205
ILS 3.552538
IMP 0.833961
INR 104.716854
IQD 1693.83148
IRR 2108992.359359
ISK 136.919964
JEP 0.833961
JMD 177.323296
JOD 0.790629
JPY 176.710877
KES 145.192698
KGS 97.510486
KHR 4552.084602
KMF 492.86165
KPW 1003.563608
KRW 1520.737678
KWD 0.346765
KYD 0.931217
KZT 500.809308
LAK 25136.46717
LBP 100053.859534
LKR 371.556906
LRD 189.94353
LSL 18.477643
LTL 3.292514
LVL 0.674496
LYD 7.150133
MAD 10.921803
MDL 19.971371
MGA 5077.094359
MKD 61.556144
MMK 2341.311039
MNT 4015.078679
MOP 9.019368
MRU 45.108838
MUR 52.442198
MVR 17.176258
MWK 1937.436008
MXN 20.766565
MYR 4.528864
MZN 71.257178
NAD 18.477643
NGN 1502.23485
NIO 41.120764
NOK 10.548462
NPR 167.798119
NZD 2.015128
OMR 0.428348
PAB 1.117421
PEN 3.848972
PGK 5.092095
PHP 70.369926
PKR 309.016043
PLN 4.399568
PYG 6984.129802
QAR 4.084276
RON 5.343646
RSD 117.622186
RUB 91.352798
RWF 1649.13065
SAR 4.188587
SBD 8.974739
SCR 15.358485
SDG 670.719139
SEK 11.033072
SGD 1.430306
SHP 0.835103
SLE 25.591287
SLL 23382.48045
SOS 638.511867
SRD 41.908265
STD 23079.712667
STN 24.500455
SVC 9.776182
SYP 14498.149201
SZL 18.471343
THB 37.411034
TJS 10.307092
TMT 3.902748
TND 3.343362
TOP 2.684822
TRY 55.9111
TTD 7.577141
TWD 36.546782
TZS 2952.454872
UAH 50.616941
UGX 4570.084937
USD 1.115071
UYU 44.950835
UZS 13332.247784
VES 999.456181
VND 28526.296796
VUV 133.25575
WST 3.108617
XAF 655.957
XAG 0.021465
XAU 0.000274244363
XCD 3.013535
XCG 2.013637
XDR 0.788413
XOF 655.957
XPF 119.331742
YER 263.853652
ZAR 18.420333
ZMK 10036.978597
ZMW 22.703422
ZWL 359.052318
SSP 6406.644798
MXV 2.33632
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

Holiday rush drives demand at Europe's busiest fuel station
Holiday rush drives demand at Europe's busiest fuel station / Photo: JOHN THYS - AFP

Holiday rush drives demand at Europe's busiest fuel station

The first Saturday in August, when Europe's July holidaymakers head homewards and its August sunseekers head south, is the busiest day of the year at the continent's busiest filling station.

Text size:

And even surging global fuel prices did not deter thousands of motorists and truckers from filling their tanks at Shell's Berchem station in southern Luxembourg, on the busy A3 motorway.

The Grand Duchy may be small, but it is a crossroads between Belgium, Germany and the Netherlands and the route south to the holiday beaches of France, Italy and Spain.

And -- crucially in a summer of soaring prices -- it has famously cheap fuel, making it a prime spot for long-distance truckers and cost-conscious travelling families alike.

Even outside of the holiday rush, French and German motorists and cross-border workers often fill up in Luxembourg.

When a family's final destination is on the Med and a full tank of fuel costs more than 100 euros (dollars), the savings add up.

On Saturday, two 40,000 litre tanker trucks were on course to make between 16 and 20 round trips a day keeping Berchem's petrol and diesel pumps working as the vast forecourt filled with camper vans.

- Colossal budget -

Earlier this year, Russia's invasion of Ukraine and global supply chain challenges in the wake of the coronavirus pandemic sent fuel prices and oil giant's profits soaring.

World oil prices and retail petrol prices have started to come down now and governments have begun to subsidise discounts to head off motorists' grumbles.

France, for example, has already cut the price at the pump by 18 centimes and will expand the discount to 30 centimes in September. Belgium cut duty by 17.5 centimes a litre in March.

Luxembourg's cut was only 7.5 centimes, in April, and it is not clear whether the government will extend it until the end of August. For the moment, however, it retains an advantage.

On Saturday, AFP paid 1.79 euros a litre for petrol in Brussels, and fuel-price monitoring websites estimated the average Belgian rate at 1.867 euros per litre.

Meanwhile, motorists in Berchem in low-duty Luxembourg were paying only 1.636 euros -- albeit while queueing with drivers from half of Europe and truckers from as far as Cyprus, Ireland and Poland.

"This is due to the location, which is perfect in the middle of Europe, and the advantageous fuel prices also make a difference," said Daniel Calderon, manager of Shell's biggest station.

Calderon said the motorists that created Saturday's rush were largely good-humoured, thanks to the holiday spirit after two years of pandemic-restricted travel.

But he said the cross-border trade with local French and German drivers had been disrupted by soaring fuel rates in late spring, and some of them are still concerned.

(B.Hartmann--BBZ)