Report: Vehicle gas prices may significantly increase

Telco

móni lázár

Vehicle gas prices are expected to rise by HUF 6-9 per liter in Hungary, while the price of diesel may not change, economy research institute GKI Gazdaságkutató Zrt. reported yesterday. 

(Photo: Moni Lazar)

The report noted that vehicle gas prices are expected to change to HUF 393-396 per liter, while diesel prices will stagnate at HUF 379 per liter. Last week, the price of Brent spot crude oil fluctuated between $57-$61, and the average weekly oil prices decreased by 0,5%.

According to economic experts, the fall in prices can be explained by the fact that the crude oil drilling increased in the United States. International news agency Reuters noted that in the Mediterranean market zones, the price of premium unleaded gasoline rose by 4%, while heavy oil fell by 1,2% from June 29 to July 2.

In the North-Western-European and Amsterdam-Rotterdam-Antwerp (ARA) zones, premium unleaded gasoline rose by 3,7-3,2%, while heavy oil dropped by 2,0-1,9%. The weekly exchange rate of HUF to USD in the period of June 29-July 3 reached an exchange rate of HUF 283 per dollar. 

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