Retail oil prices down by 20% y/y

Unleaded fuel prices have fallen by PLN 0.28 per liter, while diesel prices have dropped by PLN 0.26 per liter since the beginning of January, according to BM Reflex, a fuel branch consultancy company. Retail oil prices are on a downward slide since mid-June. Since then, the drivers are paying PLN 1.19 less for a liter of unleaded fuel 95 and PLN 1.06 less for a liter of diesel. Currently, the unleaded fuel 95 sells at PLN 4.30/liter and diesel at PLN 4.31. Prices may fall to  some PLN 4.25 next week, but  it will be the "last week of such significant price declines," according to a Reflex analyst.