
Despite the growth of regional prices, the level of fuel prices in Moldova is one of the lowest in Europe - ANRE.
The National Energy Regulatory Agency (ANRE) stated this, reminding that as Moldova has no domestic production and imports 100% of the petroleum products it needs, fluctuations on international markets are inevitably reflected in the level of prices at petrol stations for end consumers. As the energy regulator notes, the latest increase in fuel prices is due to the growth of Platts quotes for petroleum products on international exchanges, the indicator on which the current pricing Methodology for petroleum products is based. Thus, over the previous weeks alone, Platts gasoline quotations have risen by about $100 per ton, and diesel fuel - by about $50 per ton. At the same time, according to data published by Globalpetrolprices.com, as of October 31, 2022, prices set by ANRE remain among the lowest on the European continent. Lower than in Moldova, prices can be found only in Russia, Belarus and Turkey, countries that have significant own production capacities and are important players in the regional supply chain for the use of Russian oil. As of tomorrow, November 8th, ANRE has set the following maximum retail prices for basic standard type petroleum products: COR 95 gasoline – 26.27 lei per liter (+21 bani); standard diesel – 27.70 lei per liter (+7 bani). ANRE continues to follow closely the developments on international oil exchanges and assures consumers of the correctness of the daily calculation of the prices set for fuel. // 07.11.2022 - InfoMarket