As BM Reflex reminds, The drop in oil prices was triggered at the end of last week by information about a new variant of the coronavirus. If the crude oil market remains at a lower level, in the first half of December we may see fuel price cuts at domestic stations, ie earlier than the announced cuts under the anti-inflationary shield, the Bureau points out.
As he notes, in the last dozen or so days, a slow decline in wholesale prices has already been recorded, which should now be deepened.
According to the government representatives, the anticipated decline in fuel prices, triggered by the introduction of the anti-inflationary shield, should translate into a decline in retail prices of PLN 28-30 per liter.
In the opinion of BM Reflex, after the proposed solutions enter into force, the prices could drop to an average of PLN 0.20 per liter of petrol, to PLN 0.15 per liter of diesel.
The office notes that the final scale of the reduction will depend on the current situation on the oil and fuel market, as well as on the pricing policy of Polish refineries in the new year.
The government announced a cut in excise tax
As announced by the government, from December 20, the excise tax on all motor fuels will be reduced to the minimum level allowed by EU regulations.In addition, from January to May 2022, sales of motor fuels will not be subject to tax on retail sales