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Fuel prices will be higher, but not all of them

“In the first listing of this year at Polish stations, there are slight reductions in the prices of all fuels, except for 98-octane gasoline. Considering the dynamic changes in recent weeks, resulting from the levels of fuel taxation on the domestic market, today’s declines look modest, but there are no strong negative impulses in the international market, “e-petrol analysts noted in Wednesday’s comment.

Fuel prices go up. This is what you have to pay in wholesale

As they emphasized, refineries did not change prices too often in recent days – this is mainly due to the suspension – for the New Year period – of the publication of quotations on Western European markets, which are also a price indicator for domestic fuel wholesale. “Comparing the current price level with the last quotation of last year (December 31, 2021): we have an upward change of PLN 27 for Pb95 gasoline, which today costs an average of PLN 4,472 per cubic meter. Diesel fuel is more expensive sold today at an average price of PLN 4 640.20 per cubic meter. – since last Friday, this is an increase of approximately PLN 64 per cubic meter. In average heating oil prices, the increase exceeded PLN 42 and currently this fuel costs PLN 3334.20 per cubic meter. “ – analysts calculated.

They expect that from 10 to 16 January, the prices of Pb98 at the level of 5.97-6.09 PLN per liter, and 95-octane gasoline in the range of 5.69-5.80 PLN per liter. The price of diesel fuel may be at the level of PLN 5.74-5.86 per liter. However, these will not be large increases. On the other hand, it will be cheaper to buy autogas, for which e-petrol.pl forecasts prices from PLN 3.09 to PLN 3.17 per liter.

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The analysts of the portal pointed out that the beginning of 2022 on the London oil exchange brought an increase in the quotations of the raw material. Brent crude oil ended both of this year’s sessions in the black, with a barrel selling over $ 80 on Wednesday afternoon.

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OPEC confirms plans

“High prices of the raw material are supported by the improving prospects for the demand for petroleum fuelswhich were one of the key factors influencing the decision of OPEC + to maintain the existing extraction policy, “stated e-petrol.pl.

OPEC + at the meeting on January 4, 2022, confirmed the plan in force, according to which it will increase daily production by 400,000 in February. barrels. In the opinion of his analysts, the fundamentals of the crude oil market have improved, because the impact of the Omikron variant of the coronavirus on fuel demand will be small and short-lived. “Black scenarios still in December. OPEC said that in January and February 2022 the oversupply of raw material could reach 2-3 million barrels a day. The new forecasts still assume that production will exceed demand, but the scale of the surplus will amount to only 0.8 to 1.3 million barrels a day “- reminded analysts of the portal.

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Source:

PAP

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