The paper said the state-controlled company is the WIG20’s top performer in 2025, with gains accelerating in recent weeks on expectations of stronger refining profits after first-half losses.
Restrictions on Russian fuel production and exports following drone damage are “decisive” for Europe’s market, Łukasz Prokopiuk of DM BOŚ told the daily.
The International Energy Agency estimates Russia’s refining capacity has fallen by about 0.5 million barrels per day—nearly 10%—due to the attacks, the paper noted. Russia has also extended its gasoline export embargo to year-end to protect domestic supply.
Although the European Union halted imports of Russian fuels in 2023, the global nature of the market means Eastern supply constraints affect the bloc, the paper said. Russia was the world’s largest diesel exporter last year with a 16–17% share, and second-quarter diesel shipments may have been 30–35% lower year-on-year, according to the IEA, as cited by the daily.
Investors now value Orlen at PLN 115 billion (EUR 27 billion), the highest in its history, Dziennik Gazeta Prawna added.
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Source: PAP