Last week (August 19-25), drivers paid an average of PLN 6.32 per liter for Pb95 gasoline. That's two groszy less than the week before. On the other hand, Pb98 fuel cost an average of PLN 7.09/l (three groszy less), and diesel was PLN 6.34/l (a drop of one grosz). The only exception is autogas, which has gone up in price for the fourth week in a row. Drivers paid PLN 2.79/l for this fuel (an increase of one grosz).
Fuel prices. Petrol and diesel are getting cheaper. What about LPG?
Experts from the e-petrol.pl portal predict stronger drops in fuel prices at the end of the holidays. This week (from August 26 to September 1) we will pay less for Pb95 and Pb98 petrol and diesel, but autogas will be more expensive. According to the latest forecast:
- Pb95 petrol – from 6.19 to 6.30 PLN per liter;
- Pb98 petrol – from 6.95 to 7.06 PLN per liter;
- Diesel fuel ON – from PLN 6.20 to PLN 6.32 per liter;
- LPG autogas – from PLN 2.79 to PLN 2.85 per liter.
“The cost of filling up with diesel fuel is at its lowest level this year, and the price of petrol is slowly approaching its January lows. Thanks to systematic reductions, which will gain momentum at the end of August, returning from holiday will be cheaper than last year” – experts write.
What Influences Fuel Prices? Analysts Point to China
The decline in fuel prices is being driven by the declining sentiment on the oil market. First of all, demand for the raw material in China is falling (in July, imports fell by 12 percent compared to June and by 3 percent year-on-year). Another factor contributing to the declines may be reports of a possible ceasefire in the Middle East.
“US Secretary of State Anthony Blinken has travelled to Cairo to attempt negotiations that could curb the escalation of violence. If this were to succeed, it would certainly reduce to some extent the 'risk premium' embedded in oil prices, which is associated with problems related to the security of oil transit in the Red Sea region or the risk of a third country, such as Iran, being drawn into the conflict,” we read.