Oil prices on international markets have reached their lowest levels in the past 12 months, which allows open the possibility of reducing fuel at gas stations.
The price of Brent crude at auction set a threshold below $74 per barrel, thus breaking the negative 12-month record set in December last year, when it cost $76. The fall in oil prices is associated with shocks caused in international markets by the failure of US banks and fear of a possible onset of a general financial crisis.
For ten days, the price of Brent crude fell from 86.18 dollars per barrel. to 73.28 dollars per barrel, having recorded a decrease of up to 15%. Despite the fact that the pressure on prices in international markets has recently been felt as strong, the cost of fuel in our country has not shown a downward trend. But this is expected to happen in the coming days.
Thus, the price of oil may consolidate around $74/bbl, which leaves an “open window” for a significant reduction in the cost of gasoline at gas stations.
Given the fact that diesel fuel has stabilized below 1.6 euros/litre in the largest urban centers of the country, it is possible that in the near future we will see prices that will remind us of the “good old days”. However, the price of unleaded petrol is falling creakingly, remaining at €1.8/l, creating a significant gap between petrol and diesel.
Combined with the already lower fuel consumption that distinguishes diesel vehicles, the difference in fuel prices is likely to create a trend for buyers to return to diesel vehicles, despite the fact that there are now fewer options, and many believe that ” diesels” has an expiration date due to the onset of restrictions on gasoline and diesel cars in the near future.
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