People take out bicycles, trots: Oil in Kosovo to reach 2 euros

People take out bicycles, trots: Oil in Kosovo to reach 2 euros

The extension of the derivatives does not stop in Kosovo. The price of oil and gasoline is rising per day from 8 to 10 cents. Fuel prices have already reached over 1.60 euros, but oilmen warn that a litre of oil will reach 2 euros, Kosovo Preress reports. According to the Society's chairman [...]

The extension of the derivatives does not stop in Kosovo. The price of oil and gasoline is rising per day from 8 to 10 cents. Fuel prices have already reached over 1.60 euros, but oilmen warn that a litre of oil will reach 2 euros, Kosovo Preress reports.

According to the chairman of the Oil Association, Fadil Beryan prices today have reached up to 1 euro and 61 cents.

Berjan warns that with this trend of constant growth, prices are expected to reach up to 2 euros for a litre of oil.

Berjan has confirmed for Kosova Prees that they have reached an agreement with the Government to review the trade margin decision for oilmen. According to him, from 6 per cent has increased to 8 per cent the highest sales price trading margin.

The prices of derivatives on the Kosovo market today range from 1.55 to 1 euro 61 cents. While supplies prices today are 1.56 cents... these are extreme prices, the war has made it its own, prices are expensive and are being expensive at any moment... as far as prices are going to go up to 2 euros for a litre of oil, trends are showing that prices will rise and reach 2 euros, in Albania it has already reached 2.20, so this is expected to be in Kosovo”, he stresses.

According to Berjan, the highest trading margin is placed among retail retailers from 6 per cent to 8 per cent of the sale price, while the highest commercial margin of 4 per cent to 2 per cent of the sale is placed among the retailers.

“The government's decision must be respected, we have sought to review that decision on trade margins, 4 per cent for importers and 6 per cent for retail points. Now it's 2 percent for importers, 8 percent for gas stations... This decision will always be respected, even though oil sector is damaged, cannot be covered because of commitments and salaries for workers, but the government's decision should be respected”, he said.

Russian military invasion in Ukraine is having a negative impact every day, even on international markets. Such a crisis has hit Kosovo's economy, bringing expensive various products for flour, especially oil derivatives that are constantly being expensive.

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