Although the maximum fuel prices at stations, announced daily by the Minister of Energy, have remained quite low for a long time, Orlen's wholesale price list does not inspire optimism. After the price of both types of gasoline fell and the price of diesel oil remained the same as the day before, the company raised rates on all fuels on Thursday.
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Orlen increases wholesale fuel prices
According to the company's current wholesale price list on Thursday Eurosuper 95 unleaded petrol costs PLN 5,000 there. PLN 259, i.e. PLN 56 more than the day before, Super Plus 98 unleaded petrol costs PLN 5,000. PLN 837, i.e. PLN 103 more than the day before, while Ekodiesel diesel oil costs PLN 5,000. PLN 698, i.e. PLN 70 more than the day before.
The day before, the situation was different – on Wednesday, Orlen reduced wholesale prices of unleaded Eurosuper 95 gasoline by PLN 4, to PLN 5,000. PLN 203 per cubic meter, as well as Super plus 98 unleaded petrol by PLN 21, up to PLN 5,000. PLN 734 per cubic meter. In the case of Ekodiesel diesel oil, the wholesale price remained the same as on Tuesday, amounting to PLN 5,000. PLN 628 per cubic meter.
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From March 31, all stations in Poland have maximum fuel prices, temporarily introduced as part of the government's regulatory package “Fuel Prices Lower”, which is intended to limit the increase in prices of these products. They are determined on the basis of the average wholesale price of fuel on the domestic market, plus excise duty, fuel fee, as well as sales margin and VAT. The prices announced on Wednesday are currently valid. The next announcement by the Minister of Energy will be announced on Friday and will specify the rates applicable from Saturday to Monday inclusive.
In Wednesday's analysis, the Reflex office pointed out that “the beginning of June brings a slowdown in the reductions in wholesale fuel prices recorded since the beginning of the third decade of May, which is a response to the renewed increase in oil prices as a result of the escalation of tensions in the Middle East.” Refleks analysts noted that the prices of gasoline and diesel at stations, thanks to the “Fuel Prices Lower” package, “are the lowest since the outbreak of the war in Iran and this lower level is likely to remain for most of the long weekend.”
Meanwhile, according to brokers, crude oil prices are falling on Thursday's session after several days of increases. A barrel of WTI crude oil for July delivery is priced at $95.24 on the NYMEX in New York. — a decrease of 0.81%, while a barrel of Brent crude oil on the ICE exchange for August deliveries is quoted at USD 96.96. — decrease by 0.87 percent
