The article discusses the differences in fuel prices between Lithuania and Poland, highlighting the current trends in the market and the impact on consumers.
The article examines the current fuel price situation in Lithuania compared to Poland, indicating the slight price difference of 0.16 Euro per liter between gasoline and diesel. It notes that in the previous week, average fuel prices across European Union countries rose marginally: gasoline increased by 0.2% and diesel by 0.1%. Lithuania's average gasoline price remains 10.7% lower than the EU average, while its diesel price is 1.7% higher. This differentiation in pricing could influence consumer behavior, as residents compare costs across borders.
In terms of crude oil prices, the article reports that the average price of Brent oil was $67.7 per barrel, which marks a 1.3% decrease from the previous week and a 9.9% reduction compared to the same time last year. Future contracts suggest that oil prices may settle between $65 and $67 per barrel in the upcoming years, indicating a slight adjustment in market expectations. The fluctuation in oil prices directly affects local fuel costs, which remains a critical point for consumers and policymakers alike.
As of February 9, gasoline in Lithuania averaged 1.45 Euros per liter, while diesel averaged 1.61 Euros per liter, with prices varying significantly at different gas stations. Understanding these price structures is essential for consumers assessing their fuel costs and potential savings when considering travel to neighboring countries, like Poland, where they might find cheaper options. The analysis presented offers insight into regional fuel market trends and economic implications for consumers in Lithuania.
