November 15, 2024

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Petrol will drop to less than 1.5 euros

Petrol will drop to less than 1.5 euros

steady reduction It is estimated that he will know product of time The demand for gasoline, due to a number of factors, including the increase in popularity Electric cars and consolidate its position Work electronically.

The effects of falling demand for the popular liquid fuel are beginning to be felt northwestern european countries, which seems unable to export its products, according to carandmotor.gr.

According to Brecorder, in the storage node Amsterdam – Rotterdam – Antwerp (ARA) the gasoline stocks started on 1.34 million tonsas the interest of traditional buyers seems to be quite weak.

In particular, the last May Gasoline shipments from Northwest Europe in USA and West Africa hurried in lower levels Starting from June 2020, withdraw refining margins to 20 euros per barrel.

According to Refinitiv data, last month, the fuel flows in the two regions to 1.38 million tons When in April they reached 2.05 million tons.

Scandinavia turned towards electric mobility Which, understandably, has reduced the number of conventional vehicles on the roads, and of course… Traffic at gas stations.

Given that the gasoline storage areas in the countries of northwestern Europe seem to be filling up and the demand for fuel has plummeted, it does not seem improbable that they will try. get rid of excess, Reducing fuel prices to particularly low levels.

Reduction will have big winners consumerswho will patronize The cost of refueling their car is greatly reduced.

Something similar happened during the pandemic, when it was Movement restriction It destroyed the demand for fuel, causing a significant drop in its prices.

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For example, we recall that file April 2020the Average price of unleaded gasoline nationwide was formed in 1.347 euros per literThen, it recorded a decrease of 27 cents / liter since the beginning of 2020 diesel It arrived 1.132 euros / liter By 26 minutes compared to the beginning of 2020.

The combustion issue of future gasoline demand was recently mentioned, in an interview with Yahoo Finance, and the founder of the American consulting firm Lipo Oil Associates.

as argued, Every year the demand for gasoline in the United States will decrease by about 1%, Something due to the spread of remote work, the increase in the cost of fuel that has reduced the driving activity of citizens, but also the growing popularity of electric cars.




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steady reduction It is estimated that he will know product of time The demand for gasoline, due to a number of factors, including the increase in popularity Electric cars and consolidate its position Work electronically.

The effects of falling demand for the popular liquid fuel are beginning to be felt northwestern european countries, which seems unable to export its products, according to carandmotor.gr.

According to Brecorder, in the storage node Amsterdam – Rotterdam – Antwerp (ARA) the gasoline stocks started on 1.34 million tonsas the interest of traditional buyers seems to be quite weak.

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In particular, the last May Gasoline shipments from Northwest Europe in USA and West Africa hurried in lower levels From June 2020, the withdrawal of refining margins to 20 euros per barrel.

According to Refinitiv data, last month, the fuel flows in the two regions to 1.38 million tons When in April they reached 2.05 million tons.

Scandinavia turned towards electric mobility Which, understandably, has reduced the number of conventional vehicles on the roads, and of course… Traffic at gas stations.

Given that gasoline storage areas in northwestern European countries appear to be filling up and demand for the fuel has plummeted, it doesn’t seem unlikely that they will try. get rid of excess, Reducing fuel prices to particularly low levels.

Reduction will have big winners consumerswho will patronize The cost of refueling their car is greatly reduced.

Something similar happened during the pandemic, when it was Movement restriction It destroyed the demand for fuel, causing a significant drop in its prices.

For example, we recall that file April 2020the Average price of unleaded gasoline nationwide was formed in 1.347 euros per literThen, it recorded a decrease of 27 cents / liter since the beginning of 2020 diesel It arrived 1.132 euros / liter By 26 minutes compared to the beginning of 2020.

The combustion issue of future gasoline demand was recently mentioned, in an interview with Yahoo Finance, and the founder of the American consulting firm Lipo Oil Associates.

as argued, Every year the demand for gasoline in the United States will decrease by about 1%, Something due to the spread of remote work, the increase in the cost of fuel that has reduced the driving activity of citizens, but also the growing popularity of electric cars.

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