OREANDA-NEWS. December 22, 2014. The nation's three biggest petrol station chain operators, Neste, Statoil and Olerex, today cut petrol prices by a further two cents per liter.

It was the sixth time this month that petrol retailers have cut prices. Gasoline with 95 octane rating, the most popular fuel in Estonia, now costs around 1.063 euros, 12 cents down from end of November prices.

Some petrol stations are offering a liter for less than a euro.

Diesel fuel prices have also been slashed by 10.5 cents per liter to 1.114 euros.

Crude oil has dropped from over 80 euros per barrel in June to around 50 euros.