Fuel surcharge in Europe

Effective Fuel Surcharge Rate:

28th January 2018 - 3rd March 2018 - 15.00%

1st January 2018 - 27th January 2018 - 15.00%

3rd December 2017 - 31st December 2017 - 14.50%

29th October 2017 - 2nd December 2017 - 14.0%
1 October 2017 - 28 October 2017 - 13.75%

The index-based fuel surcharge for Cyprus is based on the London Brent Crude oil spot price. It will be subject to monthly adjustments based on a rounded average of the spot price for a barrel of crude oil, as published by the World Bank. To download the latest monthly data from their website, click here. Crude oil is the base product to produce jet fuel and truck diesel and is therefore considered the appropriate index base for both air and road transport.

Please be aware that there will be a 1-month lag in the application of the fuel surcharge index. For example, the monthly average price for Brent Crude in April will be published during the second week of May and will be used to determine the applicable fuel surcharge in June.

Connecting people and their businesses all over the world, helping them and growing their businesses, that is what we do.