Petrol Dd LjubljanaLJSE: PETG

Current-developments-in-the-petroleum-products-market-and-the-supply-of-fuel-to-service-stations

· Issued by Petrol Dd Ljubljana
‌Current developments in the petroleum products market and the supply of fuel to service stations

24 March 2026



‌Increased price disparities with neighbouring markets The major disruption was not caused by prices, but by the price disparities with neighbouring countries and expectations of further price hikes, which has triggered a pronounced surge in customer demand.

Public

Price: EUR/L

conflict

(28/2)

EUR 0.84/L

EUR 0.30/L



2.4

2.2

2.0

1.8

1.6

1.4

Diesel price trends (weekly averages of retail prices)

Middle East

Austria

Italy

Hungary

Croatia Slovenia

Date

Commentary



  • Due to the increasing price gap, foreign customers began to flow into Slovenia in the first week of March. By 24 March, the pressure had not eased owing to the price-setting mechanism (14-day model).

  • Yesterday, the government shortened the price regulation interval, which is a step in the right direction, yet still an insufficient measure.

  • As we have already proposed, the only systemic solution is the daily fuel price adjustment model, which would limit speculative purchases and fuel tourism.

    Tuesday

    Tuesday

    Tuesday

    Tuesday

    Tuesday

    Tuesday

    Tuesday

    (10/2)

    (17/2)

    (24/2)

    (3/3)

    (10/3)

    (17/3)

    (24/3)



    Source: Petrol; AMZS 2

    ‌Excessive sales surge

    Public

    Market imbalances and expectations of rising retail prices have caused an excessive sales surge;

    Petrol calls for long-term supply stability, stressing the necessity of adjusting the pricing model.

    Increase in sales in March 2026 compared with March 2025 Commentary

    1 March-21 March

    +54%

    2025 2026

    16 March-21 March

    +75%

    2025 2026

    • Our statements regarding the (in)adequacy of regulation should not be interpreted as opposition to the regulator, but as responsible action aimed at ensuring a stable supply for customers.



    • Petrol consistently proposes solutions that would reduce market risks -including daily price adjustments to market conditions.

    • We have always been, and are, willing to cooperate with regulators with the aim of jointly finding comprehensive and professionally grounded solutions.

KOEL1

Diesel

Petrol

KOEL1

Diesel

Petrol

+300%

+50%

+28%

+429%

+72%

+40%



  1. Gas oil

    Source: Petrol 3

    ‌Maximum utilisation of logistics capacities

    Maximum increase in deliveries has not prevented problems in supply to certain locations. We ensure

    Public

    regionally balanced supply, but stabilisation cannot be expected until sales return to normal levels.

    Volume growth of deliveries to service stations (1 March-21 March) Commentary

    +34%

    +222%

    +72%



    Region and type of service station

    Ljubljana Littoral region Celje with

    - Kranj and Novo mesto surrounds

    +58%

    By periods before and after the conflict

    Maribor Motorway

    locations

    State border locations

    2025

    2026



    • In cooperation with contractual partners, we have immediately increased the deliveries to the legal maximum of driver workload.

    • The number of deliveries is significantly higher than even during the busiest summer months.

    • The retail network supply is further impeded due to:

  • High demand at state border service stations (customers from abroad),

  • High demand on motorway locations

    due to transit traffic,

  • Lower prices compared to neighbouring countries,

  • Price-increase announcements which further increase demand.

+3%

+4%



01/2026 02/2026 16/3-22/3



Source: Petrol 4

4

‌Petrol exposed to unjustified accusations

Public

Current events on the petroleum products market Commentary

Panic has spread in Slovenia, resulting in stockpiling...



... and in so-called "fuel tourism".

  • We sincerely apologise to customers for any inconvenience and assure them that we are making every effort possible, 24/7, to neutralise external impacts and restore normal conditions.



  • Unjustified accusations negatively affect

    Petrol's reputation.



  • Petrol always operates based on the optimal supply model and does not accumulate stocks to benefit from them

    Other fuel retailers in Slovenia also have problems… … and since yesterday, also in Croatia.



    during periods of rising (or falling) prices.

  • We have lent a significant volume of fuels to MOL to help ensure uninterrupted supply accross the entire Slovenian market.

  • In Croatia, following yesterday's announcement of price increase, sales rose by 400% in a single day, causing similar problems on the market.



5

‌Proposals to the government

Public

1.

2.

3.

Daily price formation.

Measures to optimise logistics.

Calm communication.



6

‌Thank you for your attention.

For any additional questions, please contact: petrol.pr@petrol.si