For now, however, Romanians can enjoy this drop in prices, which has already lasted for several days. It is difficult to anticipate the further evolution, especially since the oil market remains vulnerable to any kind of events, whether of an economic or geopolitical nature.
This morning, for example, the prices of the two oil benchmarks showed a slight increase on the background of information on, on the one hand, the depletion of strategic US crude stocks and, on the other hand, the increase in demand for black gold from China. But even in these cases, the market players chose only what suited them.
Because if US oil stocks, the world’s biggest user of black gold, fell last week by 1.4 million barrels to reach 459.5 million barrels, those of fuels – see gasoline, diesel and derivatives – increased, but for investors this did not matter.
As for China, oil imports rose in April to 44.72 million metric tons, or about 10.88 million barrels per day, a 5.45 percent jump from March’s level. This boosted the price of crude oil, but its rise was curbed by hopes of a ceasefire in the conflict between Israel and Hamas.
Between good and less good news, here are the prices for gasoline and diesel offered today, May 9, by gas stations in Bucharest, according to peco-online.
STANDARD PETROL
The lowest price: 7.24 lei/liter, compared to 7.28 from the previous day (Petrom, str. Dr. Herescu Petre no. 2A).
The highest price: 7.46 lei/liter, down by four pennies compared to Wednesday’s price, when it was 7.50 lei/liter (four Rompetrol gas stations, including the one on Chitilei Street 128A and the one on on Bd. București Noi 48).
SUPERIOR PETROL
The lowest price: 7.77 lei/litre, two pennies cheaper than on Wednesday (Petrom, str. Dr. Herescu Petre no. 2A)
The highest price: 8.10 lei/liter, compared to 8.14 from the previous day (six Rompetrol gas stations, on Viilor Road 67, Valea Oltului Street 93-98 or on Pipera-Tunari Road 1A)
STANDARD DIESEL
The lowest price: 7.21 lei/liter – perhaps the biggest price drop, of six pennies compared to Wednesday, when it was 7.27 lei/liter (Socar, str. Vasile Lascăr, no. 141A )
Highest price: 7.42 lei/liter – the only price increase, from 7.40 lei/liter the previous day (same Rompetrol gas stations as above)
SUPERIOR ENGINE
The lowest price: 7.61 lei/liter, four pennies cheaper compared to Wednesday (Petrom, str. Dr. Herescu Petre no. 2A)
The highest price: 7.92 lei/liter, unchanged (Rompetrol, including the gas station on Șos Gheorghe Ionescu Sinești)
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