Friday, July 15, 2016

Fuel prices: reduction in wholesale, less pay for gasoline at the pump – Polish Radio

– Holiday period will probably be the peak price, both when it comes to gasoline, and for diesel fuel – says in an interview with news agency Newseria investor Grzegorz Maziak, an analyst with market fuel in the company E-petrol.pl. – We can observe levels of the order of 4.60 or even 4.70. During the holidays are expensive especially the Polish province of West, as well as a typical tourist.

As the last analysis E-petrol.pl fuel market last week recorded a slight correction in persistent for some time uptrend. Last Friday the average price of a cubic meter of 95-octane unleaded petrol amounted to 3589 zł, an increase of 20 zł less than at the close of the previous weekend. In the case of Pb98 movement it was minimal – fuel cost 3820 zł, which is about 5 zł less than a week ago, and the level of prices of diesel oil amounted to 3411 zł, which was almost the same result as seven days earlier. The minimum reduction also included fuel oil. The average price of fuel amounted to 2182 zł per cubic meter.

What height increases can we expect?

Analysts E-petrol expect this week upward movement prices at petrol stations. For Pb98 is forecast value from 4.76 to 4.85 zł per liter, while in the case of the popular, unleaded 95-ki: 4,48-4,57 zł / l. Most likely to increase, according to experts, the price of diesel, which should amount to 4,21-4,32 zł / l. Extremely low prices of LPG may also be a minimal increase and should invest in the range of 1.57 to 1.63 zł / l.

– The level of diesel fuel in the vicinity of 4.40 as this year’s summit is likely – considered Grzegorz Maziak. – In the case of LPG it is worth noting that it is still fuel in comparison with traditional, very cheap. Therefore, should constitute, especially during the summer, an interesting alternative. As is also the only chance for a small correction reduction roughly to the level of 1,55 zł.

Last week, crude oil prices on the London Stock Exchange fluctuated at around the level of $ 50. per barrel. Most Brent for gas paid on the Friday before noon, when the price reached 50.32 dollars even. The cheapest you could buy the oil on Wednesday, when he established a weekly low of 48.65 dollars.

Newseria, Celebrating

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