The average price of diesel in Finland reached €2.49 per litre in October, according to new figures from Statistics Finland.
That was up from €2.43 in September and five cents above the previous nominal record set in June 2022, during the European energy crisis. Diesel prices rose 2.5 percent in October alone and were 54.7 percent higher than a year earlier.
Petrol prices also continued to rise. The average price of 95-octane petrol reached €2.28 per litre, compared with €2.25 in September, while 98-octane petrol rose to €2.38 from €2.35.
Compared with October 2025, 95-octane petrol was 33.3 percent more expensive and 98-octane petrol 31.5 percent more expensive.
Light fuel oil, used among other things for heating, averaged €2.04 per litre. Its price has risen 70 percent in a year.
Diesel market under particular pressure
The sharp increase is not limited to Finland.
Global diesel markets have been under severe pressure in 2026 as disruptions to supplies from Russia and the Middle East have reduced the availability of diesel and other middle distillates.
The International Energy Agency said in its October market report that global diesel exports in September were around 700,000 barrels per day lower than a year earlier. Reduced exports from Russia and the Middle East were only partly offset by additional supply elsewhere.
The IEA said disruptions to Middle Eastern and Russian supplies have forced unusually large withdrawals from fuel inventories ahead of the Northern Hemisphere winter.
Global diesel and gasoil supplies are expected to remain tight well into 2027, even if refinery production recovers towards the end of this year.
Higher transport and crude oil costs have added further pressure. The IEA reported that freight rates and oil prices surged amid continuing instability in the Middle East, while disruptions to Russian refining capacity have also reduced fuel exports.
Statistics Finland senior statistician Kristiina Nieminen said uncertainty surrounding oil transportation is continuing to constrain supply and push up consumer prices.
Statistics Finland also noted that the IEA expects the global oil market to remain in deficit through the end of 2026, with shortages of middle distillates such as diesel likely to persist into next year.
For Finnish motorists, the latest figures mean fuel prices have returned to levels last seen during the energy shock that followed Russia’s full-scale invasion of Ukraine in 2022 — and in the case of diesel, have now moved beyond the previous nominal record.