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BackMore and better news for drivers. There are new fuel prices
More and better news for drivers. There are new fuel prices
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RMF245 minutes agoEnergy2 min readView original

More and better news for drivers. There are new fuel prices

The Ministry of Energy has published new maximum fuel prices effective on Friday, November 6.

Quick Look

  • The Ministry of Energy announced the maximum fuel prices for Friday, November 6: 95 petrol for PLN 6.20, 98 petrol for PLN 6.93 and diesel for PLN 7.91.
  • The regulations are part of the third installment of the Lower Fuel Prices (CPN) package financed by a tax on windfall profits.

AI-generated summary

Why It Matters

The CPN package is a mechanism limiting the increase in fuel prices financed by a tax on extraordinary profits of fuel companies.

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On Friday, a liter of EU95 petrol will cost no more than PLN 6.20, EU98 petrol - PLN 6.93, and diesel - PLN 7.91 - according to the announcement of the Minister of Energy published on Thursday. These prices are lower than those valid on Thursday.

On Thursday, a liter of 95 petrol costs no more than PLN 6.29, 98 petrol - PLN 7.10, and diesel - PLN 7.97.

The next announcement on maximum fuel prices will be published on November 6 and will determine prices for Saturday, Sunday and Monday.

CPN package for the third time

The announcement on maximum fuel prices is one of the elements of the next, third edition of the Lower Fuel Prices (CPN) package, which aims to limit price increases at stations and reduce refueling costs for drivers. The mechanism was launched after part of the provisions of the Act on tax on extraordinary profits of fuel companies came into force. The President signed the act and at the same time referred it to the Constitutional Tribunal under the post-control procedure.

The penalty for failing to apply the maximum fuel prices may amount to up to PLN 1 million.

The act opened the way to a temporary reduction in excise duty and VAT on liquid fuels. The financing of these activities is to come from a new levy imposed on fuel companies achieving above-average profits. According to the government's assumptions, the entire fuel price support package will be in force until the end of 2026, and its cost may amount to approximately PLN 5 billion.

Tax on surplus profits of corporations

The new regulations provide for 60%. tax on excess profits obtained from the sale of liquid fuels. It will cover extraordinary profits obtained from March 1, 2026 to March 31, 2027 by enterprises producing fuels and entities holding a license to trade fuels abroad.

The tax base will be the surplus of revenues over the level resulting from the historical margin achieved in 2025, increased by 20%. The legislator has provided for a minimum reference margin of 2 percent, and in the case of companies that do not produce fuels, the tax amount will not exceed 50 percent. income or net profit.

The first version of the CPN package was introduced at the end of March and was a reaction to the rising prices of crude oil due to the war between the United States and Israel with Iran. It involved a temporary reduction in VAT and excise duty on petrol and diesel oil and the introduction of a maximum price mechanism announced by the Minister of Energy. It was valid until the end of June, with the excise tax reduction valid until mid-June. During the summer holidays, from August 17 to 31, the second version of the CPN program was introduced - without an excise tax reduction.

What to Watch

AI outlook — possibilities, not facts

  • Publication of an announcement with prices for Saturday, Sunday and Monday.

    Very likely · Within days

Open Questions

  • What will fuel prices be on Saturday, Sunday and Monday?

Related Topics

This article was originally published by RMF24.

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