A liter of diesel fuel on Tuesday will cost at most 26.87 lei, up 0.49 lei on today. A liter of gasoline COR 95 will be sold for at most 24.81 lei, up 0.24 lei. The price ceilings for fuel products of the standard type were set by the National Agency for Energy Regulation, IPN reports.
The Agency said the Platts quotations during the last 14 days, which are used to calculate the price ceilings, increased by 16% in the case of gasoline and by 31% in the case of diesel fuel or by 125 $/tonne and 290 $/tonne respectively.
“The oil market is powerfully affected by the unprecedented volatility of fuel quotations due to the state of general instability on the European continent. At the same time, the price capping mechanism applied by NAER at present maintains the prices at a level that is relatively lower than in other states of the region,” the Agency noted in a press release.
The increases in fuel prices follow a period of declines. At the beginning of last September, a liter of gasoline COR 95 cost 20.23 lei, while a liter of diesel fuel –16.42 lei. A series of price rises occurred in the first half of this year, with a record high being witnessed in June, when gasoline COR 95 was sold for 33.90 lei a liter, while diesel fuel for 32.46 lei a liter.
