Diesel price rose by more than 8.5% in 2019, gasoline by more than 6.5%

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The price of diesel sold by Petrom climbed by more than 1.5% as against February 18th, in the 7h week of rising prices in 2019. Since January 7th, diesel prices increased by 8.61%, while the gasoline prices rose by more than 6.5%. In the past week, gasoline and diesel prices grew in all eight stations monitored by energynomics.ro; in each city the prices are now at the maximum of the year, after the 4th week in a row of generalized priced increases.

Constanta had, once again, the most significant diesel price advance in the last week – 1.62%, while in rest of the cities the increases are almost identical – between 1.56% and 1.58%. At 5.63 lei/liter, this is still the cheapest option among the monitored cities. The highest prices are recorded in Bucharest and Brașov (5.87 lei/liter).

The same trends manifest in case of gasolines sold by Petrom, with the biggest weekly increase in Constanța (1.74%), and identical variations in all other cities – between 1.69% and 1.27%. Craiova and Brasov are the most expensive options in case of gasoline: 5.4 lei/liter. Since January 1st, the gasoline prices have increased by 6.52%, in Bucharest, while the fastest increases happened in Constanța (7.35%), Iași (7.23%) and Craiova (7.14%), a 0.32 lei per liter rose in each case.

In 2019, the Romanian currency decline by almost 3% against the dollar, according to the NBR exchange rate (almost 0.12 lei), while the decline against the euro is at 2%.

Over the last week, crude oil prices in international markets have slightly decreased last week, by 0.57% in case of WTI (over 56 dollars per barrel, today), and by 1% in case of Brent (65.87dollars per barrel, today). Since the end of 2018, the WTI crude oil price has risen by 23.6% and the Brent benchmark has risen by 23.79%.

In 2019, energynomics.ro will monitor the evolution of prices for gasoline and diesel sold at Petrom stations in eight major cities in Romania: Bucharest, Iasi, Timisoara, Cluj-Napoca, Brasov, Oradea, Constanta and Craiova.

The data source is the Petrom website and the stations we monitor are:

  • Bucharest 3A, Tudor Arghezi Str., District 2, 20941
  • Iasi 64-66, Sf. Lazar Str. 700049
  • Timisoara 1, Miresei Str., 300642
  • Cluj-Napoca 257, Cluj-Napoca – Turda Road, 400495
  • Brasov 1, Temeliei Str., 500271
  • Constanţa 315, Tomis Bvd., 900497
  • Craiova 2A, Stefan cel Mare Str., 200130
  • Oradea 4, Mihail Kogalniceanu Str., 410067
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