Fuel Oil Price in Belgium
The chart above illustrates Fuel Oil prices in Belgium, in EUR/mt, from March 2024 to March 2025, as follows:
- Fuel Oil (LFO), ret, BE: Fuel Oil (light), retail, Belgium
- Fuel Oil (LSFO), ret, BE: Fuel Oil (LSFO), retail, Belgium
- Fuel Oil (HFO), imp, BE: Fuel Oil (heavy), import spot, cif, Belgium
Further information about price assessments covered can be found in the assessments guide.
In March 2025, Fuel Oil (LFO), ret, BE was priced at about 1,010 EUR per mt, a 6.9% decline from the previous month and an 18.3% drop year-on-year.
In March 2025, Fuel Oil (LSFO), ret, BE stood at around 454 EUR per mt, representing a 7.7% decrease versus the prior month and a 4.2% fall year-on-year.
In March 2025, Fuel Oil (HFO), imp, BE traded near 427 EUR per mt, down 15.3% from the month before and 11.1% lower year-on-year.
Recent data, updated on October 3rd, 2025, can be found in the Belgium Energy Prices & Markets Report. Updated monthly, the report provides price assessments and market analyses for fuel oil and other oil products, encompassing domestic supply and trade dynamics. It also covers other energy commodities in Belgium, presenting price assessments and market analyses of production, demand, trade, and Belgium's energy self-sufficiency.
Price Assessments Covered in the Report
Access timely and reliable Fuel Oil price assessments — updated every month and backed by consistent methodologies.
Current Prices
Access up-to-date Fuel Oil price assessments released at the beginning of each month, providing consolidated and relevant market data.
Price Forecasts
View short-term Fuel Oil price projections that help you anticipate market direction and make informed decisions.
Historical Prices
Explore historical Fuel Oil price series over multiple timeframes to identify short-, medium-, and long-term trends.
Beyond Prices: Market Analyses Covered
Understand the broader energy dynamics shaping Belgium's markets.
Production & Demand
Track energy production and consumption patterns to understand supply-demand dynamics across sectors.
Imports & Exports
Analyze energy trade flows and key trading partners to evaluate cross-border dependencies.
Energy Balance & Self-Sufficiency
Assess Belgium's energy balance and self-reliance, identifying exposure to external supply sources.
Belgium Energy Price & Market Subscription Features
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Monthly Report Updates
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Comprehensive Coverage
Includes Fuel Oil and other eleven key energy commodities analyzed in each edition.
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