Oil berry: Until war is carried out in Ukraine, the price is not reduced

The rise in Kosovo's oil price is bothering citizens.

Oil Association Chairman Fadil Berjan in a statement to Periscope has said Kosovo has the cheapest prize in the region.

The highest price for oil is 1 and 61 cents in Kosovo. In Germany 2 and 60 a litre of diesel, Albania 2 and 20 and in Serbia 2 and 10 cents. It means that Kosovo is still keeping well at prices, Behrani said

Beryan warns that there will be a price increase of up to 5-6 cents if the war continues in Ukraine.

“There would have been price hikes due to the crisis in Ukraine. Yeah, today's price for tomorrow is going to be a minimum of 5 to 6 cents more expensive, but the gas stations that are working are not increasing extreme prices. Very normal, if 5 cents of import goes up tomorrow, you impose prices on it.

Yeah, I think the market is keeping stable, and they're not moving prices within seconds of the day, the prices are real.

According to Berjan, Kosovo should worry about whether there will be derivative supplies because this product is missing worldwide.

“We are in an emergency situation where the extreme price and impact on rising oil derivatives is the war that is under way between Ukraine and Russia. It's a time to ask if we're going to have derivatives, that this product is missing in the whole world --x1>, he says of Periscope.

The first of the Kosovo Oil Association says the reduction of the oil price depends entirely on when the war in Ukraine ends.

When the war stops. It's known that Russia is the second world operator as a producer of derivatives, and I think that at the moment the war stops, it will stabilise the oil sector”, Behrani/ PERISCOP/