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Orlen Lowers Wholesale Fuel Prices for the First Time Since the Start of the Middle East War.
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Two weeks after the escalation of the conflict between Israel, the United States, and Iran, the fuel market continues to deteriorate. On the one hand, we have the first reduction in wholesale prices, which may herald a certain calming of the situation at Polish gas stations. On the other hand, there are reports in the Middle East of mine-laying in the Strait of Hormuz, which in turn could escalate into even more serious, long-term problems. Toda…
Orlen has lowered wholesale fuel prices. Eurosuper 95 gasoline will be reduced by PLN 94 per cubic meter, Super Plus 98 by PLN 102/cubic meter. The wholesale price of Ekodiesel diesel fuel fell by PLN 164/cubic meter, and Ekoterm by PLN 152/cubic meter. These are the first such reductions since the outbreak of the war, announced Energy Minister Miłosz Motyka.
Orlen has reduced wholesale fuel prices, including Eurosuper 95 unleaded gasoline, by PLN 94 per cubic meter, according to data published by the company. Energy Minister Miłosz Motyka also announced the reduction in Orlen's wholesale fuel prices on social media.
A temporary improvement in investor sentiment and the stabilization of crude oil prices at around $87 per barrel have led to a reduction in wholesale fuel prices in Poland. Orlen's price lists fell for the first time since late February. However, renewed increases in crude oil prices do not bode well.
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