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 is among the countries in which popular gasoline Euro-super 95 has the best prices. Petrol in Poland is currently cheaper than in Bulgaria and Romania. The lowest price of petrol in Europe is Estonia (1.05 euros). In contrast, residents of the Netherlands pay the most for fuel (1.497 euros per litre), then British (1.489 euros) and Italians (1.478 euros).
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|
|European Union Average||1.34441|
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.
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.
If you enjoyed this post, please Like or share!