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Fuel Prices to Fall Further on Friday

Transport

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The wholesale price of both gasoline and diesel in Hungary is set to fall by HUF 6 per liter on Friday, according to an article by Index.hu.

This means that average fuel prices will be inch closer to the HUF 600 mark in the second half of the week.

The average price of 95-octane gasoline is expected to be HUF 610/l, while that of diesel will be HUF 618/l.

Eszter Bujdos, head of holtankoljak.hu, told Index that the trends show that fuel prices have been falling steadily in recent weeks.

This is also surprising because earlier the international and domestic markets clearly expected the new Brussels sanctions to have a price-lifting effect, but this seems to have been absent for the time being.

"Looking at the trend, the current state of the forint, either against the dollar or the euro, shows a strengthening. This in turn will help to ensure that this decline is sustained, or that it is set at this level. However, the big question will definitely be the price of oil," the expert told Index.hu.

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