Friday , October 22 2021

Petrol and diesel have to be cheaper by Christmas – News.cz



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Best Selling Natural 95 is $ 33.23 per liter for the last week of 16 lighters. Naphtha remains shorter than the price of 12 cents to 33.56 CZK.

"We are expecting a further reduction in gasoline and diesel prices from 15 to 20, with gasoline cheaper. at least one crown for Christmas at Christmas, "Finlord analyst Boris Tomčiak said to Pravo.

By Christmas, gas stations can sell petrol stations at prices slightly above 32 cranes per liter. In spite of cheaper it is about 1.50 CZK expensive or in the same period last year, diesel itself by more than two crowns. The Czech koruna 's counter against US dollar, according to Tomčiak, has no impact on the price of fuel, such as in the & quot; last days stagnant.

Surplus on markets

The fall of oil prices over the past few weeks, according to Tomčiok, mainly due to an increase in oil sales in the world market. "US inventories, the world's largest oil consumption, have grown in the past 21 months, and will increase oil bills in the world," said the analyst.

The United States has issued temporary exemption to eight countries to import oil from Iran which has included the US sanctions. These include China, India, Japan and South Korea. Temporary exemption will help these countries to weaken leakage of importing natural gas from Iran after importing oil from other countries.

In addition, the Iranian export industry is bound to other countries without effort. The whole OPEC oil cart has increased a production in October to 33.3 million barrels of oil per day. Russia has its mining lead to a new record of 11.4 million barrels per day, the United States expanding mining to 11.7 million barrels.

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