News about Oil
Gasoline and diesel fuel have started to get cheaper.
The National Energy Regulatory Agency (NARE) has published new maximum prices for gasoline and diesel fuel, which will take effect on August 5.
During trading on Monday, August 3, the market price of Brent crude oil, the benchmark North Sea grade, fell by approximately 4.5%.
The price of diesel fuel has approached 33 lei per liter.
The National Energy Regulatory Agency (NARE) has published the maximum prices for gasoline and diesel fuel, which will be in effect over the weekend of August 1–3.
The National Energy Regulatory Agency (ANRE) has published new maximum prices for gasoline and diesel fuel, which will take effect on July 31.
The rate of increase in prices for petroleum products in Moldova is accelerating.
Romanian farmers are at risk of becoming the most vulnerable group of diesel fuel buyers. The price of diesel for Romanian farmers surpassed the psychological threshold of 10 RON per liter yesterday.
The National Energy Regulatory Agency (ANRE) has published new maximum prices for gasoline and diesel fuel, which will take effect on July 29.
Fuel prices will rise significantly again tomorrow: diesel will go up by 42 ban, and gasoline by 24 ban.
Production volumes at Rompetrol’s Petromidia oil refinery may decline by 15% in August after Kazakhstan suspended shipments through the Novorossiysk terminal of the CPC pipeline, which was attacked on July 19.
Starting tomorrow, prices for the main types of fuel in Moldova will exceed 30 lei.
The global oil market is entering one of its most vulnerable periods in recent decades. Against the backdrop of the ongoing conflict in the Middle East, the strategic oil reserves of OECD countries have already fallen to their lowest level since December 1990, and commercial stocks continue to decline, which significantly reduces the global market’s ability to compensate for new supply disruptions.
Goldman Sachs, an investment bank, has warned that the price of Brent crude could exceed $120 per barrel as early as the fourth quarter of 2026 if supply disruptions through the Strait of Hormuz persist.
If the conflict drags on and Brent crude oil prices settle above $91–$95 per barrel, prices for AI-95 gasoline in Moldova could hit new all-time highs and surge toward 30–31 lei per liter, fueling a spiral of inflation.
The National Energy Regulatory Agency (ANRE) has set new maximum fuel prices, which will take effect tomorrow, July 21.
Fuel prices in Moldova continue to rise rapidly. As of today, the National Energy Regulatory Agency (ANRE) has set new price caps for gasoline with an additive at 15 bani—up to 28.53 lei, and for diesel fuel, an immediate increase of 44 bani—to 27.11 lei.
The National Energy Regulatory Agency (NARE) has set new maximum fuel prices, which will take effect tomorrow, July 15.
Leading OPEC+ members agreed to another moderate increase in oil production quotas for next month. On Sunday, during a video conference, seven countries led by Saudi Arabia and Russia agreed to increase the production target by 188,000 barrels per day. This decision increases the likelihood of rising supply in the market, provided the interim peace agreement between the U.S. and Iran remains in place. Since the start of the military conflict, the alliance has increased its quotas by a total of 940,000 barrels per day—a volume equivalent to nearly 1% of global demand.
In Moldova, on June 30, 2026, Law No. 119 of June 26, 2026, on the security of petroleum product supplies, entered into force. The purpose of the law is to establish a comprehensive regulatory framework necessary to ensure the security of petroleum product supplies by creating an effective storage system.
