The Ministry of Energy has set the maximum fuel prices that will apply at Polish fuel stations over the weekend. The maximum price for 95 octane petrol will be 6.05 PLN per litre, 98 octane petrol 6.63 PLN per litre, and diesel 6.34 PLN per litre.
Cheaper over the weekend
The maximum fuel prices will be lower over the weekend than those drivers might have encountered at petrol stations on Friday. At that time the maximum price for 95 octane petrol was 6.16 PLN per litre, 98 octane petrol 6.73 PLN per litre, and diesel 6.37 PLN per litre.
The next maximum rates will be set by the Energy Minister on Monday and will take effect from Tuesday.
Maximum fuel prices thanks to CPN
Maximum fuel prices are set for the next business day by the Energy Minister. This possibility was provided by a law adopted by the government in March, which introduced the CPN program (Lower Fuel Prices). It came into force on March 31.
It was the government's response to rapidly rising fuel prices at stations, triggered by the outbreak of the war in the Middle East, in which the United States together with Israel attacked Iran. This caused a global fuel crisis by damaging parts of the infrastructure used for oil extraction and refining, but primarily by the blockade of the Strait of Hormuz, through which, before the war, about 20% of global oil demand and nearly 30% of gas flowed. The regulation allows the Energy Minister to set maximum retail fuel prices. And that's not all. Thanks to the law, VAT on certain fuels was also reduced, such as 95 octane petrol or diesel from 23% to 8%. Additionally, excise duty was also reduced on some fuels. For petrol it was 29 groszy, and for diesel 28 groszy. The excise was lowered to the lowest level allowed by the European Union. However, it should be noted that not all fuels were covered by the government regulation. Among them was autogas.
This week the government announced that the CPN package will apply until June 15, not as previously planned until May 31.
“The CPN package will be extended. Lower VAT, reduced excise, and the mechanism for maximum retail fuel prices are extended until June 15, 2026. We support price stability at stations, reduce cost pressure, and help maintain some of the lowest fuel prices in the European Union in Poland,” wrote Energy Minister Miłosz Motyka on social media after announcing the decision.
According to the provisions of the law adopted in March, the CPN package can be maintained in Poland until the end of June.
See also: The government made a decision regarding the CPN package. Poles will feel it in their wallets