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Fuel prices in Poland – August 2023. Forecasts by BM Reflex, e-petrol, analysts divided

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Fuel prices at stations in Poland increased in the first days of August. On average, you have to pay for a liter of diesel fuel by PLN 0.3 more than a week ago, while petrol went up by PLN 0.2. Autogas has become cheaper, according to the latest data from the Reflex brokerage house. “Unfortunately, this is just the beginning of the changes unfavorable for drivers and in the coming days refueling will be even more expensive” – ​​assessed the analysts of the industry portal e-petrol.pl.

Reflex data shows that the National average the price of 95 unleaded petrol in Poland increased by PLN 0.2 per week to PLN 6.61 per litre. The price of diesel went up by PLN 0.3 to an average of PLN 6.39 per litre. In turn, a liter of autogas currently costs PLN 2.79, i.e. PLN 0.02 less than a week ago.

“In Poland, since the beginning of the summer, the average gasoline price Pb95 on the pylon increased by 11 gr/l, while diesel 19 gr/l. However, taking into account holiday promotions reaching 0.30-40 gr/l, as a result, you can refuel cheaper at domestic petrol stations than at the end of June,” noted Rafał Zywert, financial market analyst at Reflex.

Experts are divided on the forecasts of fuel prices in the following days of August.

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Fuel prices in Poland – August 2023

“The first days of August on the retail fuel market brought a noticeable increase in prices at stations. Unfortunately, this is only the beginning of changes unfavorable for drivers and in the coming days refueling will be even more expensive” – ​​assessed the analysts of the industry portal e-petrol.pl.

They noted that Brent crude oil prices remain at three-month highs, European diesel futures are at their highest level since January this year, and we are seeing a weakening of the zloty against the dollar. “In this situation, increases at petrol stations should not come as a surprise to anyone,” the analysts stressed.

In their opinion, “in the coming week, the scale of increases at stations may be similar to those we saw at the turn of July and August”.

Meanwhile, as predicted by Rafał Zywert from Refleks, “the stable level of wholesale fuel prices last week, despite the increase in the prices of finished products on the European ARA market, may mean that fuel prices at domestic stations will remain stable at least until the end of August”.

Main photo source: Shutterstock



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