Fuel Hoarding Unnerves Polish Refiner in Push to Cut Prices
- State-controlled oil company Orlen keeps fuel prices low
- BP, Mol and Shell see increased demand and monitor situation
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Poland’s state-controlled refiner Orlen SA appealed to Poles to refrain from hoarding fuel following reports that its bid to hold down prices is causing shortages of diesel at some gas stations.
Fuel deliveries to Orlen outlets and to its wholesale customers are “uninterrupted” and any temporary shortages are being dealt with, the company said in a video statement released late on Tuesday. The firm also said it has no plans to change its pricing policy that made Polish fuel the cheapest in Europe.