– It is a little too rare that there are such prices. It’s been a while since the last time, I think. That’s what Pål Hatlebakk says, who has stopped the car at the UNO-X station in the center of Kristiansund to fill up the tank. The diesel price is down to NOK 15.60 a litre, and petrol costs NOK 16.60. – You just have to save the kroner you can on fuel, he says. Pål Hatlebakk took advantage of the low fuel prices. Photo: Mari Aandahl Kippernes / news Harry Bogen also says that he had to turn the car in when he saw the prices. – They were nice prices, I must say. They have probably been around NOK 24 and 25 in the past, so when I saw that it was NOK 15.60 a liter now, I just had to fill up, he says. Plenty of oil available Energy analyst at Nordea, Thina Saltvedt, says that the fall in the price of crude oil is a reason for lower fuel prices. – Diesel and petrol are products made from crude oil, so when the price of crude oil falls, petrol and diesel prices also fall in the long term, she says. Energy analyst at Nordea, Thina Saltvedt, says that the low fuel prices are partly due to the low price of crude oil. Photo: Nordea She explains that a lot of oil is now becoming available, and that Saudi Arabia, which is one of the world’s largest producers of oil, has now considered increasing its production. – The Opec members have limited their production in the last couple of years, but now Saudi Arabia is considering increasing it again. It has contributed to the fact that oil prices have fallen quite sharply recently, she says. She also points to the fact that China, which is one of the world’s largest consumers, has received weaker economic prospects as a reason. – It is therefore uncertain how much oil they will need in the future. Prices were also low in Tromsø on Thursday. Photo: Dan Henrik Klausen – It’s almost historic Fuel prices were also low in Tromsø on Thursday. At a Shell station, the diesel price was set at NOK 16.19 a litre, while petrol cost NOK 16.79. – It is wonderful, and certainly short-lived. We have to hurry to fill up, says Svein Kristian Gabrielsen. When was the last time you saw prices this low? – It must have been several years ago. It’s almost historic. Do you know why it is so cheap? – It was written in the newspaper that there was a price war, so we can hope that this war lasts a long time. Svein Kristian Gabrielsen filled the car’s tank. – It’s great, absolutely, he says of the award. Photo: Eskild Johansen / news Low prices all over the country Head of loyalty and communication at Circle K, Kjetil Foyn, says that they now have low prices all over the country. He confirms that competition is the cause. – There is a price war going on all the time. They fight to get customers to their stations, then the prices are reduced to attract as many customers as possible, he says Whether the low prices will last or not is difficult to say, according to energy analyst Saltvedt. But she says that it will be exciting to follow what Saudi Arabia will do in the future. – If they increase production, there will be a lot of available oil in a market where large nations, such as China, are struggling a bit with their economy and thus may need less oil. That could mean that the oil price could be somewhat lower, she says. Published 26/09/2024, at 13.04
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