|Bid||0.00 x N/A|
|Ask||0.00 x N/A|
|Day's range||58.81 - 58.81|
|52-week range||56.47 - 109.40|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||3.63|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Polish refiner Orlen has in recent months chartered at least 10 tankers that previously shipped Russian oil to Asia to deliver Arab crude to its refineries in Lithuania and Poland on their return journey, according to two traders and LSEG data. Many oil majors have avoided contracting tankers that have carried Russian crude because of the risk of sanctions and self-imposed restrictions. Using the tankers operated by non-Russian shipping firms, but delivering Russian oil and products is not in breach of any sanctions, but the shipments are subject to the price cap policy imposed by the Group of Seven (G7) leading economies.
The public transport operator in Poland's third largest city has asked the anti-monopoly regulator UOKiK to look into oil refiner PKN Orlen's pricing policy after value added tax on motor fuels was raised from 8% to 23% on Jan. 1. The price of most popular gasoline at the pumps of PKN Orlen, Poland's top wholesaler and retailer of motor fuel, has stayed unchanged as the company cut wholesale prices of the fuel by a total of 14% on Dec. 31 and Jan. 1, company data shows.