ORLEN Lietuva: prices for gasoline and diesel are expected to decrease in the near future



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The company says the lack of export opportunities for continental oil is reducing oil prices and forcing US refineries to process it, producing more gasoline than diesel. The demand for gas in the United States has decreased and more and more, it is exported, mainly to the Atlantic Ocean. As a result, the drop in gasoline prices observed in the market, which began a month earlier than the decline in oil prices, is due to the market's concern over the consequences of the sanctions imposed on the market. l & # 39; Iran. However, during this period, diesel prices rose and exceeded gasoline prices. The price ratio has not changed due to the drop in oil prices and, to provide the infrastructure, it will take time to ensure an adequate supply of oil for export.

"In the near future, gasoline and diesel prices are expected to fall in line with the current trend of falling oil prices in the market." The success of the forecast depends on several reasons: the global oil and gas market. Petroleum products are extremely volatile, so the daily evolution of the planet and the resulting changes can have an unpredictable impact on the final price of a given day, "said ORLEN Lietuva.

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