Fuel Prices In Hungary Drop Again
- 8 Jan 2014 8:02 AM
MOL will cut the price of the 95 octane petrol by 4 HUF on Wednesday - Portfolio.hu reports. Following the cut, average prices for petrol should be in the 401-402 HUF range, while diesel will sell for 420-421 a litre.
The sole reason for the drop is the steadily shrinking price of refined oil products on international markets; HUF/USD exchange rates have essentially remained the same. Provided positive news from Libian production facilities continue appearing in the media, prices of refined products may keep falling, resulting in further cuts in domestic fuel prices.
Source: ORIGO
Translated by Language Service Bt for XpatLoop.com
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