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ECONOMY

Swedish petrol prices jump to new record high

A litre of petrol has for the first time risen to more than 18 kronor in Sweden.

Published: 27 October 2021 08:00 CEST
a woman refuelling her car
Petrol and diesel prices in Austria have right a record high. Photo: Erik Simander/TT.

Sweden’s leading fuel companies on Tuesday raised their guideline price – the recommended price at manned fuel stations – of unleaded petrol (gasoline) to 18.09 kronor per litre ($2.10).

That’s an increase of 0.20 kronor in just one day.

In two days, the price of petrol has gone up by 0.35 kronor per litre in Sweden, reports Swedish news agency TT.

The price of a litre of diesel also got more expensive on Tuesday, a 0.15 kronor increase to 19.37 kronor – the same as last week’s record for diesel.

The reason for the hikes is a global rise in market prices for oil, currently at a three-year high. Diesel is particularly affected because it contains more biofuels, due to policies aimed at protecting the environment, and these are more expensive than fossil fuels.

A barrel of North Sea oil, Brent crude, today costs around 86 dollars.

Member comments

  1. Brent Crude was over $100/barrel from 2010-2013. So oily prices are still far from historic highs. There is more to this story. Either there are massive profits being made somewhere in the supply chain, there is shortage of refining capacity (doubtful), or taxes are playing a much larger role, percentage wise, than in previous years.

    It would be great if the Local could do an interview with someone in government that looks at what Sweden’s medium and long term goals are for fuel taxes. This would help to enable more rational decisions regarding new car purchases in regards to fuel source.

    Also would be interested in long term energy strategy, as we face record high electricity prices in southern Sweden at the same time that we are actively working to bring energy-sucking minimal job creating data centers into places like Staffanstorp, further exasperating the situation.

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MONEY

How to avoid falling victim to tax scams in Sweden

Sweden's tax agency, Skatteverket, warns of an increase in scams when it's time for Swedish tax-payers to declare their taxes.

Published: 12 March 2024 13:40 CET
How to avoid falling victim to tax scams in Sweden

Anyone who earned more than 22,208 kronor last year received their tax returns digitally last week, marking the start of tax season.

That also means an expected peak in tax-related scams, Skatteverket warns.

Most of the scams are so-called phishing scams, meaning attempts to steal the victims’ personal information. Fraudsters may for example email a person, pretending to represent Skatteverket, and ask them for, among other things, their banking details.

“We’re seeing these in all channels. They use fake emails, SMS, letters and in some cases even phone calls. It is particularly common in tax declaration times – just when we’re about to send out the tax returns, the e-service opens and it’s possible to declare – but above all when it’s time for tax rebates,” Jan Janowski, a Skatteverket expert, told Swedish news agency TT.

A scam email might for example state that you’re entitled to a tax rebate and that you should click a link to receive it. Don’t click any links, open any attachments or reply to the message. Skatteverket advises that you immediately delete the email or text message.

Another common scam is that you receive a text message claiming to be from Skatteverket, telling you that you owe them money and you need to log in to calculate the amount. The website you’re urged to log in via does not belong to Skatteverket. Don’t click the link.

The agency stresses that it never asks people for their banking details. The exception is that you may be asked for your bank account information if you log into Skatteverket’s website to declare your taxes, but that always first requires you to log into the site.

To receive your tax rebate, you need to inform Skatteverket of your bank account number. You do this not by clicking a link in an email or SMS, but by logging into their website using a digital ID, for example BankID, and submitting your details. Only do this on your own initiative. If someone calls you and asks you to log in with your BankID during the phone call, don’t do it. That’s another common scam.

Skatteverket will also never call you to ask for your bank account or credit card number.

It will be possible to declare your taxes from March 19th. You’ll receive any tax rebate you’re owed by mid-April or early June, depending on when you submit your tax return. These are the dates when fraudsters are likely to attempt the most scams.

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