April 7, 2025
Oil prices fall record. How will the cost of fuel change? thumbnail
UKRAINIAN NEWS

Oil prices fall record. How will the cost of fuel change?

If the oil prices are held about $ 65 for another month, the cost of gasoline and diesel at gas stations can be reduced to 4 UAH per liter.

Sergey Kuyun, director of the “A-95” Consulting Group A-95, told this in the EP.

“In fact, I would not want to create very great expectations because the oil market is quite unpredictable. Today, the cost of Barrel is $ 65, and tomorrow it can grow to $ 75 again. We see how lately everything is changing rapidly,” Kuyun says.

“However, if the current price of $ 65 lasts two weeks, then the cost of diesel and gasoline at gas stations can be reduced by 1-2 hryvnia,” the expert adds.

According to him, if the current oil prices are maintained during the month, petroleum products can fall up to 4 UAH per liter. “At least 3-3.5 UAH per liter will definitely have a collapse of a liter of gasoline and diesel,” Kuyun said.

“It is more difficult to speak about the cost of a motorway because it has a somewhat autonomous pricing system. It has a slightly different structure of consumption in the world. It is not motor fuel, but above all petrochemical raw materials, and the petrochemical complex determines the cost of this product,” the expert said.

“It is difficult to say what will happen to the prices of auto gas. Usually, gas goes in the fairway of other petroleum products, but how much it will be adhered to now? It is difficult to say. I think it will also be cheaper in about similar sizes,” – predicts the director “A -95”.

At the same time, the main positive from the fall of oil prices, Kuyun considers the weakening of Russia’s financial capabilities.

“The enemy builds its economy on oil exports, so the lower the price of oil, the less money for the Kremlin. It significantly limits its ability to finance the war. The news is very good,” the expert summed up.

Recall:

Prices for oil continued The fall on April 7, having lost more than 3% against the background of increasing tensions between the United States and China, which increased the fears of investors against the global recession and the fall in demand for energy.

Brent oil futures dropped $ 2.54 (3.9%) to $ 63.04 per barrel and WTI at $ 2.5 (4.03%) to $ 59.49. Both benchmarks fell to the lowest level since April 2021.

”, – WRITE: epravda.com.ua

If the oil prices are held about $ 65 for another month, the cost of gasoline and diesel at gas stations can be reduced to 4 UAH per liter.

Sergey Kuyun, director of the “A-95” Consulting Group A-95, told this in the EP.

“In fact, I would not want to create very great expectations because the oil market is quite unpredictable. Today, the cost of Barrel is $ 65, and tomorrow it can grow to $ 75 again. We see how lately everything is changing rapidly,” Kuyun says.

“However, if the current price of $ 65 lasts two weeks, then the cost of diesel and gasoline at gas stations can be reduced by 1-2 hryvnia,” the expert adds.

According to him, if the current oil prices are maintained during the month, petroleum products can fall up to 4 UAH per liter. “At least 3-3.5 UAH per liter will definitely have a collapse of a liter of gasoline and diesel,” Kuyun said.

“It is more difficult to speak about the cost of a motorway because it has a somewhat autonomous pricing system. It has a slightly different structure of consumption in the world. It is not motor fuel, but above all petrochemical raw materials, and the petrochemical complex determines the cost of this product,” the expert said.

“It is difficult to say what will happen to the prices of auto gas. Usually, gas goes in the fairway of other petroleum products, but how much it will be adhered to now? It is difficult to say. I think it will also be cheaper in about similar sizes,” – predicts the director “A -95”.

At the same time, the main positive from the fall of oil prices, Kuyun considers the weakening of Russia’s financial capabilities.

“The enemy builds its economy on oil exports, so the lower the price of oil, the less money for the Kremlin. It significantly limits its ability to finance the war. The news is very good,” the expert summed up.

Recall:

Prices for oil continued The fall on April 7, having lost more than 3% against the background of increasing tensions between the United States and China, which increased the fears of investors against the global recession and the fall in demand for energy.

Brent oil futures dropped $ 2.54 (3.9%) to $ 63.04 per barrel and WTI at $ 2.5 (4.03%) to $ 59.49. Both benchmarks fell to the lowest level since April 2021.

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