20 minutes agoHead of the Oil Association: Kosovo derivative price drop
Periskopi(3 years ago)
(3 years ago)The decline in oil derivative prices on the international stock exchange is reflecting on the price of derivatives in Kosovo. So stated the chairman of the Association of Oilmen of Kosovo, Fadil Berjan. He says he cannot prejudge what the prices of derivatives will be like on the following day, as there is movement of [...]
The decline in oil derivative prices on the international stock exchange is reflecting on the price of derivatives in Kosovo. So stated the chairman of the Association of Oilmen of Kosovo, Fadil Berjan.
He says he cannot prejudge what the prices of derivatives will be on the following day, as there are big moves in the bell and the OPEC Production Organisation.
“Today the prices in Kosovo are the diameter of 1.39 cents to 1.45 cents. And the fuel's 1.32 to 1.38 cents. What a prize we'll have on the following day we can't prejudge, because there's a lot of movement going on in Berza and the Manufacturer O. PEC. Prices are on the decline and that this is reflecting on us in Kosovo”, Berjani told Reporter.net.
Despite the decline, Berjan says current prices continue high for Kosovo citizens, and according to him, the price of 1 euro per oil would be normal.
Otherwise, crude oil prices in the US fell under $78 per barrel Tuesday to reach the lowest point since July, as weak global economic data overshadowed concerns that the Israeli-Hamas war could erupt in a wider regional conflict.
