Fuel prices after the election. What can we expect? (Rates)

Luc Williams

Elections and fuel prices in Poland

According to analysts of the e-petrol.pl portal, at the beginning of June the situation on the fuel market should not change. In their opinion, drivers may deal with “temporary stabilization of fuel prices”. The exception is to be autogas, which will continue to be cheaper. Estimated by e-petrol.pl, price ranges for individual fuel species are to be as follows: 5.64-5.76 PLN/l for E10 gasoline, for diesel 5.65-5.77 PLN/LA for autogas 2.80-2.88 PLN/l.

Experts noticed that The passing week brought further price reductions at the stations. Gasoline 95 after a reduction by 4 groszy per liter costs an average of 5.69 PLN/l. Diesel He got cheaper at 5 groszy and matched to the level of gasoline, i.e. 5.69 PLN/l. “The last time we were dealing with such balance at the end of July last year, at prices of 6.39 PLN/l,” said analysts. They added that a liter of autogas, after a two -year reduction, is valued on average at PLN 2.89.

In the opinion of representatives of e-petrol.pl, wholesale fuel prices last week were stable and today they are not much different from the levels from the previous Friday. The portal data shows that a cubic meter of 95-octane gasoline is valued by manufacturers on average at PLN 4466.20 and costs PLN 16.40 less than a week ago. “The current price of diesel is 4486.80 PLN/cubic. In this case, the weekly change is a plus, but it is less than PLN 10” – the analysts pointed out.

Markets look at OPEC+ activities

They noted that in the past week the attention of the market focused on OPEC+ activities. Analysts reminded that, according to the estimates of Bloomberg, the actual increase in oil production by group countries can be only 972 thousand from July. Baryłek a day – it is only 71 percent. previously announced level. They added that the final decision on this matter is to be made on May 31.

Oil prices in the world

“Oil prices are also under pressure for the second reason. There were uncertainty after a court decision in the USA, which upheld the customs tariffs introduced by President Donald Trump” – they pointed out.

They added that growing geopolitical tensions also affect the market situation. They indicated that in the American Congress and in the advisory circles of the White House “pressure intensifies” President Donald Trumpthat he would tighten the policy towards Russia. “White House has already prepared a sanction package covering the banking and energy sector, which can be implemented under the presidential regulation, “said analysts (PAP)

About LUC WILLIAMS

Luc's expertise lies in assisting students from a myriad of disciplines to refine and enhance their thesis work with clarity and impact. His methodical approach and the knack for simplifying complex information make him an invaluable ally for any thesis writer.