Calm before the storm on the fuel market

The newspaper points out that for the moment it seems that they are drifting apart drastic price increases diesel, petrol and auto related gas, among others, returning from new year’s eve VAT from 8 to 23 percent.i.e. at the level before the anti-inflation shield.

Urszula Cieślak, an analyst at the Reflex office, expects drivers will pay at most a dozen more than before for a liter of fuel. – Such a scenario seems more probable than an increase of PLN 1, resulting from a simple conversion of the tax increase into final prices – the analyst tells the newspaper.

The rest of the text is under the video.

Remember the government’s promises that they will do everything to prevent drivers from experiencing significant changes in refueling costs. “Also, refineries today maintain relatively high margins and have room to reduce them,” he adds.

In his view, however, this is an apparent calm, because the coming weeks could be much more difficult for all market participants. “Rzeczpospolita” recalls that it has been in force since February embargo on fuel imports from Russia, which will lead to a further decrease in their supply. And earlier, it may turn out that there will be no cheap Russian crude oil, which Polish refineries process all the time. Finally, the station owners themselves will no longer be able to reduce margins. – Operating costs are rising. They are also affected by expensive energy or increasing pressure on wage increases, Cieślak says.

For now, Jakub Bogucki, fuel market analyst at e-petrol.pl, expects small changes in retail prices. – Their average level will probably be at most a few cents higher, or even lower, than what we are seeing today – he tells Rzeczpospolita.

According to the newspaper, this could mean that drivers will pay around PLN 7.66 per liter of diesel, PLN 6.53 for Pb95 petrol and PLN 2.9 for auto gas.