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Tuesday, January 14, 2025

Fuel prices. We know the new forecast. How long will petrol, diesel and autogas last?

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How long do fuels last? On Thursday, December 5 gas Unleaded PLN 95 was an average price at gas stations PLN 6.12 per liter, and unleaded 98 was after PLN 6.87/l. Drivers paid for diesel fuel PLN 6.19/l. However, autogas was expensive PLN 3.21/l.

Fuel prices next week: Reflex forecasts that in the period from December 9 to 15 95 unleaded petrol will cost on average from PLN 6.08 to PLN 6.12/land unleaded 98 will follow PLN 6.83-6.88/l. We will pay for diesel fuel from PLN 6.16 to PLN 6.20/land for autogas from PLN 3.20 to PLN 3.25/l.

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What about crude oil? The OPEC+ group (including Saudi Arabia, Iran and Russia) on December 5 made it clear that does not intend to rush into increasing production raw material. Voluntary cuts in volume production 2.2 million barrels per dayin which 8 countries participate (Saudi Arabia, Russia, UAE, Kuwait, Iraq, Kazakhstan, Algeria, Oman) will be maintained until April 2025. In turn, the mandatory production cuts for 18 OPEC+ countries introduced from November 2022 in the amount of 3.6 million barrels per day will apply by the end of 2026.

Oil is currently the cheapest since mid-November: December 6, approx. 20:30 oil Brent type (European) was listed at $71.28 per barrel. In turn, WTI (American) crude oil costs money $67.40 per barrel. Its price is also the lowest since mid-November.

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How much will fuel be available on Christmas Day? We presented the forecast in our text: “Fuel prices for the holidays: Optimistic forecasts and tension in OPEC+“.

Sources: Reflex, Stooq



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