:watermark(https://f.pmo.ee//logos/5327/cf39aec33e583b7d1f325d7eab54a133.png,-2p,-2p,0,18,none)/nginx/o/2022/05/01/14520263t1hd5a0.jpg "“The Impact of Recent Market Upheaval on OPEC+ and the Future of Fuel Prices”")
“The recent market upheaval, when the price of Brent fell to 70 dollars per barrel, probably scared OPEC+ a little, because the bank and the other upheavals create uncertain economic prospects with a possible collapse of oil prices,” SEB bank economist Dainis Gašpuitis explains to the online magazine KLIK. He is convinced that the reduction … Read more
:watermark(https://f.pmo.ee/watermarks/7/303cf24d9d7aa4dcb3a12c496809f48a.png,-0p,-0p,0,18,none)/nginx/o/2023/01/20/15090452t1hed27.jpg "How Russia has lost its role in the global energy market")
Russia has lost its leverage over Europe and the Western world, and thus its place in the global energy market. Since February 24 of last year, when Putin announced the invasion of Ukraine, one of the main trump cards of the Kremlin to break the spirit of Western support for Ukraine was energy resources. Campaigns … Read more
“In the next two weeks, gasoline could become cheaper by about 50 pennies, diesel by up to 70 pennies per liter,” Finlord analyst Boris Tomčiak told Práv. Gasoline prices should thus fall below CZK 35 per liter and diesel will drop below CZK 37. According to Tomčiak, oil fell from 85 to 80 dollars per … Read more
Fuels are now cheaper in the Czech Republic, but this is apparently just the “calm before the storm”. Professional oil traders agree that the market underestimates the impact of the post-covid opening of the Chinese economy in particular on the world prices of the strategic raw material, and therefore also on the prices of fuel … Read more
According to the Ministry of Finance, the margins of fuel retailers continue to fall and in the first half of June they were on average 1.70 crowns per liter lower than last year. In the case of diesel, they were approximately CZK 1.60 per liter lower in the given month than the average of last … Read more
Fuel prices are rising again, which will not be helped by seasonally increased demand. And who knows what will happen to the availability of oil on world markets. If Russia shuts off the gas taps in Europe, it will also be affected by oil and fuel prices. So if we write about a liter of … Read more
Gasoline has risen in price in the last five days by more than how much excise tax has been reduced since June. The price of petrol at Czech filling stations rose from Monday to Friday this week by 1.53 crowns per liter. Yesterday, Natural 95 petrol sold for an average of CZK 45.88 / l, … Read more