Evaluation of the cost calculations applied in the wholesale price determination of ESZ-95 and EN-590 05 fuelsUploaded: 1 of January, 2004

The focus of the research was whether the wholesale prices of MOL are cost-based, how determite assessments can be made and what are the factors influencing price deviation. The first part of the paper contains an econometric analysis of the fluctuations of Medditerranean stock market prices (the basis of MOL price design) and the price of Brent oil that is the actual cost incurring to the company. The second part includes a the assessment of production cost calculation based on accounting methods.