As in the previous week, gasoline was sold for CZK 38.85 per liter. Diesel became cheaper by ten pennies to CZK 39.31 per liter. Economist Lukáš Kovanda brought the data, according to which fuel prices will be more significant in the next seven days. The price can be reduced by up to 50 pennies per liter.
According to CCS, the average price of fuel in October was CZK 40.30 per liter, which was 35 pennies higher than in September. Fuels became more expensive especially during the summer, when the average price in August was more than three crowns higher than the one in July.
The price of a ton of wholesale diesel on the commodity exchange in Rotterdam now corresponds to the level of 19,300 crowns. When it last cost that much at the end of July, diesel was sold for about 33 crowns per liter. According to Kovanda, there is still significant room for gradual discounting of diesel and gasoline by up to a few crowns.
Brent crude fell below $80 a barrel for the first time since July on weaker economic data from China, with oil traders worried about weaker demand. At the same time, fears about the expansion of the war in Israel are decreasing. If it were to happen after all, oil and fuels would probably become significantly more expensive.
