Hungary Mol to trim motor fuel prices on Wednesday

Portfolio
Hungarian fuels group Mol is to lower the wholesale list price of gasoline and diesel by HUF 3 per litre, as of Wednesday. As a result, Mol will sell a litre of gasoline for HUF 303.6 and diesel for gross HUF 290.60 per litre.
Although petrol stations apply different pricing methods, motorists can expect a HUF 3 drop in the price of both gasoline and
diesel. The move will reduce the average pump price of 95 gasoline to HUF 330-331 per litre on average, while drivers can expect to pay around HUF 323-324 for a litre of diesel.

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Compared to a year ago the retail price of gasoline will have dropped HUF 3 per litre and the price of diesel will have dropped HUF 38 per litre, which corresponds to a respective decline of 0.9% and 10.8%.

The price reduction is likely linked to the drop in the price of refined products.

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