“For months it seems to me that everything is going right, at the moment I have no signs that anything has changed in the behavior of companies, but we are watching them,” said Bohdan Chiritsoyu, the president of the Council, on Wednesday Competition, asked about the recent increase fuel

The price of Petrom gasolinePhoto: Hotnews

Competition Council President Bohdan Chiritsa, present at Victoria Palace on Wednesday, was asked how he explained the recent rise in fuel prices, despite government measures to increase compensation by 50 pence per liter of petrol and diesel, as well as some minor fluctuations in barrel quotations and the exchange rate. lei/dollar exchange rate.

Chiritsou blamed the decision of OPEC + to cut oil production, which led to a certain increase in the price of raw materials, a barrel of oil, an increase that is transmitted to prices.

  • “When the commodity price changes, the international price of a barrel, we see the price impact both up and down, within a week, 2 weeks at most. So much of it is transferred in a week, and almost all of it is transferred in 2 weeks with the same amplitude and speed up or down.
  • So we have no indication that things went wrong this summer. Now, after OPEC’s decision to cut production, you saw that there was some increase in the price per barrel, it was over $80 and then it went up to over $90, but under a hundred dollars.
  • Some growth was expected. We are monitoring the market, we will need a few days and if we need to intervene, we will do it.” – said on Wednesday the President of the Competition Council Bohdan Chiritsou.

Since last week, HotNews.ro has reported that diesel and gasoline prices have started to rise again, despite measures taken by the government to offset pump prices by 50 pesos by the end of the year.

Diesel fuel once again crossed the threshold of 8 lei, and gasoline rose to 7 lei. Energy expert Dumitru Kiselice told HotNews.ro that the main reason is OPEC’s decision to cut oil production.

Meanwhile, prices rose even more, with the average price of a liter of diesel rising to 8.33 lei on October 18, while the average price of a liter of petrol rose to 6.88 lei, according to Peco-online.ro.

  • Read more: Fuel prices started to rise despite compensation. A possible explanation is how much petrol and diesel cost in Bucharest today