Prices of gasoline and diesel fell to levels that were last recorded in mid -October 2024, “Reflex said. In turn, according to e-petrol.pl, at the end of March, fuel prices at the stations will still fall, but the end of this trend is visible.
Reflex analysts said that on average PB95 cost PLN 5.99 per liter, PB98 – 6.77 PLN/l, diesel – 6.12 PLN/l, and autogas – PLN 3.14 per liter.
What about fuel prices at stations?
He pointed out that compared to 2024, we clearly pay less for gas and diesel. “For unleaded gasoline 95 and 98 and diesel at 52, 32 and 61 gr/l, respectively, while only for autogas we pay more – at 26 gr/l” – the analysts informed.
Reflex estimates that next week Prices of gasoline unleaded 95 will be at the level of 5.95 to 5.98 PLN/l; unleashed 98 from 6.73 to 6.78 PLN/l. On the other hand Price of diesel According to analysts, it will range from PLN 6.10 to PLN 6.14 per liter, and autogas from 3.12 to 3.14 PLN per liter.
Analysts of the e-petrol.pl portal, despite the end of discount on the wholesale market, at stations still expect “inheritance corrections” of fuel prices. The price ranges they forecast at the end of March for individual fuel species will be as follows: 5.88-5.99 PLN/l for 95-octane gasoline, for diesel 5.99-6.11 PLN/LI for autogas 3.10-3.17 PLN/l.
According to e-petrol.pl data, in the past week, the 95-octane gasoline got cheaper for a penny and its current average price in Poland is 5.98 PLN/l. The diesel oil was more strongly cheaper, which after a 5-grosz reduction costs PLN 6.12/l. For autogas, the reduction was 2 groszy and a liter of this fuel is average at PLN 3.15.
In the assessment of analysts, refueling costs are still falling, but the discount dynamics may “disappoint drivers”. Experts indicated that there is already a “risk of ending” related to the situation on oil and currency markets.
Oil prices
“We note on the wholesale market this week a long -bothering price increase” – noted analysts. In their opinion, the inheritance trend is reversed above $ 70. Brent oil price And the weakening of the zloty observed in recent days in relation to the American dollar. “As a result, unleaded gasoline 95 is valued by domestic producers today at 4546.20 PLN/cubic meter. It is an increase of PLN 63 compared to last Friday. Diesel over the week has increased by PLN 40.80 and currently costs in the refineries 4705.60 PLN/cubic.” – passed the analysts of e-petrol.pl.
They pointed out that at the moment the key news about the raw material market is the decision of the White House about new sanctions, aimed at Iran. “Yesterday's message begins the fourth round of Washington's sanctions against Iran since US President Donald Trump in February promised 'maximum pressure' at Tehran and undertook to reduce oil exports from this country to zero,” experts reminded.
They added that important information from recent hours is also the decision that eight countries (Algeria, Iraq, Kuwait, Saudi Arabia, United Arab Emirates, KazakhstanOman and Russia) will have to reduce its extraction in order to compensate for the overproduction of 4.2 million barrels a day by June 2026.
“As part of this compensation, Russia will reduce mining by an additional 25,000 barrels a day in March, 51,000 barrels a day in April, and from September 2025 it will increase the reduction to 173,000 barrels a day, which will allow it to fully reduce the surplus in oil production,” said analysts.
They indicated that Kazakhstan, whose overproduction is 908 thousand. BaryÅ‚ek a day, intends to reduce mining by June 2026. Including, while in April it will reduce them by 53 thousand. BaryÅ‚ek a day, until October – by 90,000 barrels a day. “One of the leaders of 'old OPEC' – Iraq, must compensate for 1.954 million barrels a day and will also limit extraction by June 2026.” – they pointed out.
Analysts emphasized that both of these factors may affect the correction of the existing clear inheritance movement, but in the long term you should remember about the global hypertension and Washington's radical customs policy, which can affect the weakening of demand in the US.
“The drop in oil prices around USD 70 per barrel while strengthening the zloty against the dollar enables further drops in prices at stations,” Reflex noted.
They added that the lack of stabilization of the oil market causes continuous changes in fuel prices on the domestic market, and this week prices have slightly increased. In the assessment of analysts, the reversal of trends on the wholesale market may at the turn of March and April end the cycle of retail prices lasting for 10 weeks.
“On a weekly, Brent oil got around $ 1.50/BBL (dollars for a barrel) to a level below 72 USD/BBL. Nervousness is still dominating due to possible events related to negotiations over the end of the war in Ukraine, US sanctions and festivities” – Reflex analysed. They indicated that Iran assures that “despite the tightening of American sanctions, it would not reduce oil exports and maintain its share in the global market.” They reminded that the USA on March 13 covered the sanctions of the Iranian oil minister.
Source of the main photo: Shutterstock