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Petrol, diesel prices to fall

12:16 | 23.11.2022 Category: Economic

Chisinau, Nov. 23 /MOLDPRES/- The National Agency for Energy Regulation (ANRE) has set for 24 November the following maximum retail prices for the main standard oil products: 25.73 lei/liter - for COR 95 petrol (-0.22 lei); 25.75 lei/liter - for standard diesel (-0.25 lei).

After a period in which the international stock markets reacted negatively to the Western plans to give up Russian crude oil from December 5 and from February 5 to derived oil products, ANRE is witnessing for the moment a more pronounced drop in prices at the international level.

"Contrary to previous forecasts, such as that European refineries will face a shortage due to the EU ban on Russian oil, they are currently seeing a sufficient supply of crude oil. Markets are heavily influenced by talks between Saudi Arabia and other OPEC member states over a possible increase in oil production, as well as reports that China has tightened its health restrictions, which could affect the outlook for global crude oil demand," ANRE said.

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