Oil price, diesel price and the CPN program. The Minister of Energy provided the calculations
During a conversation with Onet at the Impact'26 forum in Poznań, the Minister of Energy was asked about the CNP program (“lower fuel prices”). He assessed that it is a comprehensive program.
— In the first days of this global crisis, Orlen decided to reduce the margin to practically zero. He also introduced special discounts for drivers in loyalty programs. Here, the Orlen management board and president Ireneusz Fąfara are a kind of unsung hero of this first stage – said Miłosz Motyka.
— The program will be extended by two weeks. We agreed with citizens that we would respond to this situation on an ongoing basis, he added.
CPN program – until when?
The government has extended the lower VAT and excise duty rates on fuels until the end of May. On Wednesday, the relevant regulations were published in the Journal of Laws.
— The program is effective. We have a tax cut, we don't have record margins, Motyka said on Thursday.
As he added, At the beginning of June, a decision is made on a possible change in the law that would enable the extension of the CPN package for the following months.
See also: The Minister of Energy has made a decision. This is how much fuel will cost on May 15
Oil price and the CPN program in Poland
The Minister of Energy was asked about the oil price at which the CPN program could be ended
— We estimate that it may be around $80. per barrel, but this will also depend on the situation in ARA ports and the price per tonne of diesel. Today it is high, but when it drops below $1,000. then – in my opinion – we should already be talking about abandoning the CPN program
– said Minister Motyka.
He also added that the main factor must be calming the situation in the Middle East. He also emphasized that the program should be phased out gradually so as not to cause a fuel panic.
See also: Orlen changes fuel prices. One of the popular types is becoming more expensive again
Oil price
Brent crude oil futures cost approximately $105 on Thursday. per barrel. WTI crude oil contracts are valued at $101. per barrel. Before the US and Israel attacked Iran on February 28, oil cost approximately $70. per barrel.
CPN program, maximum fuel price
At the end of March, an amendment came into force changing, among other things, the Act on Crude Oil Stocks, which provides that during the period of reduced VAT rates (from March 31), entities selling fuel are obliged to to apply a selling price no higher than the maximum price.
It also came into force at the end of March amendment to the act on excise dutywhich enabled a temporary reduction in excise duty rates on fuels by regulation until June 30.
