Fuel prices continue to stabilize

Average fuel and diesel prices decreased by PLN 0.04, while LPG dropped by PLN 0.02 last week, according to BM Reflex, a fuel branch consultancy company. Currently, gasoline sells at PLN 4.66/liter, diesel at PLN 4.54/liter and LPG at PLN 2.14. “The growth potential of oil prices in global markets is limited due to the expected increase in the number of oil drilling rigs in the US. The effect of the agreement of oil producers in and outside of OPEC is to a large extent dependent on the scale of the increase in oil production in the US, which may hinder the further reduction of the surplus of world oil reserves. And according to latest developments, the US companies plan to increase their output,” BM Reflex analysts said.