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Hungarian oil and gas Mol Nyrt, the country's largest fuel distributor, will lower the price of 95-octane petrol and diesel by Ft 4 as of Wednesday, MTI learnt from market sources on Monday.
Mol last reduced fuel prices a week ago, lowering 95-octane petrol by Ft 7 and diesel by Ft 10. The change will bring retail petrol prices, as well as diesel prices, to around Ft 265 per liter, although prices may vary by as much as Ft 15 at different petrol stations.
Market insiders attributed the decision to falling global prices.