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Poles will not be able to afford fuel? Prices are getting more and more expensive

95 petrol and autogas have increased dramatically once again over the past week. On the other hand, prices for diesel remain stable.

Diesel is the only fuel whose price at Polish stations does not increase. In recent days, gasoline has increased by 0.10 PLN, while autogas has increased by PLN 0.08 per liter. It is related to problems in the LPG supply.

Most expensive since 2013

In July, petrol was the most expensive at Polish fuel stations since September 2013. Research by BM Reflex shows that the retail price increased to 5.7 PLN / l. The record in this respect was set in April 2012 and was higher by PLN 0.18 / l. At the beginning of this year, the price for Pb95 was PLN 5.25.

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The price of diesel has stabilized, but it is still relatively high, on average the highest since December 2013. Diesel can be purchased in Poland for PLN 5.42 per liter.

We are dealing with a huge leap in the case of autogas. You have to pay an average of PLN 2.62 per liter of LPG. This is the highest percentage increase since November 2016 (6.9%), when the price of a liter was just over PLN 2. Nominally, a liter of LPG is the most expensive in Poland since September 2014.

Soaring prices for holidays

Fuel market analysts informed already in June that the beginning of summer holidays would bring a moment of sharp increase in gasoline and diesel oil prices at stations all over the country. Experts of the e-petrol portal then informed that we had to deal with equally high prices recently seven years ago.

In Poland, the most expensive gasoline is recorded in Mazovia, Opolskie Voivodeship and Podlasie. On the other hand, we will refuel the cheapest “95” in Łódź and Pomeranian voivodeships. When it comes to LPG, the driver has to pay the most in the Mazowieckie, Podlaskie and Zachodniopomorskie voivodeships, and the least in Wielkopolska.

Impulse in the market

According to analysts, the impetus for the increase in oil prices was provided by the presidential election in Iran, which was won by Ebrahim Rais under US sanctions. In a situation where the demand for fuels is clearly growing and the oil deficit is becoming more and more noticeable and translates into a decrease in inventories, the election decision in the opinion of investors may have hindered negotiations on the Iranian nuclear program and delayed the return of additional barrels to the market.

E-petrol reports that there is no information yet about possible progress in the Iran-US talks, which could ultimately lead to the lifting of sanctions and the return to the market of Iranian-derived oil.

On the other hand, the Energy Information Administration indicated that the US demand for gasoline reached its highest level since 2019. US crude oil and gasoline stocks fell sharply.

DS

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