According to European Commision data for September, Poland has become a drivers’ paradise.. when it comes to petrol prices, beaten to the bottom only by Estonia. Full EU country comparison table below.
Poland – driver’s paradise?
After an increase in spring (when the price per litre of E95 in Poland exceeded 5zł), fuel prices reached the lowest levels in recent years. Some varieties of crude oil again dropped below $50 per barrel. Price declines are also visible at petrol stations.
European Union petrol price rankings
| Country | Price of E95 per litre, 28.09.2015 |
|---|---|
| Estonia | 1.05 |
| Poland | 1.06455 |
| Bulgaria | 1.07271 |
| Hungary | 1.07788 |
| Latvia | 1.10288 |
| Luxembourg | 1.12678 |
| Lithuania | 1.14197 |
| Romania | 1.1482 |
| Czech Republic | 1.1547 |
| Austria | 1.157 |
| Spain | 1.17476 |
| Croatia | 1.19133 |
| Cyprus | 1.19696 |
| Slovenia | 1.241 |
| Slovakia | 1.249 |
| France | 1.297 |
| Belgium | 1.30034 |
| Germany | 1.334 |
| Sweden | 1.33845 |
| Ireland | 1.339 |
| European Union Average | 1.34441 |
| Eurozone Average | 1.34922 |
| Malta | 1.35 |
| Portugal | 1.384 |
| Greece | 1.427 |
| Finland | 1.436 |
| Denmark | 1.45716 |
| Italy | 1.47823 |
| United Kingdom | 1.48904 |
| Netherlands | 1.497 |
Source: Weekly Oil Bulletin of European Commission from 28.09.2015
In the longer term fuel prices follow oil prices. It can be seen even after observing the dynamics of the last 9 months which shows a parallel decline of fuel prices to the cost of oil.
SEE ALSO: Polish drivers’ “responsible to stop” for pedestrians will “turn upside down everything we know”
The daily quotation of prices on international markets may be volatile for several weeks. It depends on the situation on the fuel market.
European refineries, including PKN Orlen, do not depend on oil prices but determine domestic fuel prices on the basis of their listing on the stock exchanges in Antwerp, Rotterdam and Amsterdam.
– Adam Czyżewski, Chief Economist of PKN Orlen.
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