Currencies: Petroleum at 1 PLN per litre, and at petrol stations...

Jan 16, 2015 12:57 PM|Conotoxia.com

Author: finanse.wp.pl
Address: http://finanse.wp.pl/kat,1033779,title,Ropa-po-zlotowce-za-litr-a-na-stacjach-placimy
Published: 14.01.2015

The long unseen sell-off of petroleum is great news for the domestic economy. However, why hasn’t the 50% fall in petrol prices penetrated down to the drivers?

Cost of material

The news regarding petroleum prices going lower and lower and it's catastrophical influence on the Russian economy and the rouble are evident on a daily basis. It is, however, worth taking a look at the situation in the domestic economy. Interestingly enough, the value of 'black gold', the lowest in years, has had little impact on petrol station prices.

Marcin Lipka, Cinkciarz.pl analyst

PDF Download (119.3 kB)

Jan 16, 2015 12:57 PM|Conotoxia.com

See also:

Jan 8, 2015 10:49 AM

Zloty divorced the bonds

Jan 2, 2015 3:42 PM

Zloty nervously closes a calm year

Dec 29, 2014 11:46 AM

Currencies: Nonprecedential zloty fall on Christmas

Dec 19, 2014 2:43 PM

Russian problems is a long story

Dec 18, 2014 10:31 AM

Bargains in Russia

Dec 16, 2014 5:47 PM

Special report: Panic in Russia

Attractive exchange rates of 27 currencies