Recently at Digi24, Eugenia Gusilov analyzed current developments in oil prices, highlighting the various factors influencing the market. OPEC+ is attempting to remove the surplus of crude injected by Western countries earlier this year, when additional volumes were released from strategic reserves. While measures taken by OECD countries temporarily relieved pressure on prices and provided relief at the pump, maintaining OPEC+ production cuts as Western stockpiles deplete could drive prices back up.
Consequently, the ROEC expert suggested that the Romanian government should use this favorable period to phase out the 50 bani/liter fuel compensation, preserving it for future market volatility. Furthermore, long-term fuel price capping remains an unviable solution, as demonstrated by Hungary, which recently abandoned its price cap policy.
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