Gasoline, Diesel: Why Prices Will Continue to Rise
5 Articles
5 Articles
Fuel prices for Czech drivers are likely to continue to rise, diesel may soon be undervalued by up to CZK per litre. On Wednesday, oil fell to $100 a barrel on world markets for the first time since July. This is due to renewed attacks by the United States on Iran, which continue to severely restrict the transportation of crude oil and petroleum products through the Strait of Hormuz.
At present, the barrel of crude oil was worth 96 dollars. Paying 2.6 euros or more for a litre of fuel soon is not excluded. Blocking the Strait of Ormuz is the cause of every cent of increase at the pump. Without it, getting oil from the Middle East is almost impossible. Moreover, Russia's production is slowing down at the moment. Fewer fuels available, and therefore an oil price that continues to rise, because global demand is not slowing. (Ec…
Gasoline and diesel are becoming increasingly expensive at Danish gas stations after the US and Iran resumed the war. Americans themselves have been hit by record-high gasoline and diesel prices, and investment banks fear another major price jump. Meanwhile, a shortage of marine fuel is now also threatening.
Brent oil is unstoppable. Today, Brent surpassed $98. Following this development, car owners have begun to question whether there will be price increases for diesel and gasoline. The most frequently asked questions today are, "Will diesel prices increase?" and "Have gasoline prices gone up?" 🚆
Oil prices continue to rise as tensions between the US and Iran escalate. Most recently, Iran's statement that it will retaliate harshly if there are further attacks pushed Brent crude up to $97. Further price increases are expected in the coming week.
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