MINT makes a decision on the appointment of oil prices, goes into effect today, and is worth 90 days

MINT makes a decision on the appointment of oil prices, goes into effect today, and is worth 90 days

The Ministry of Industry, Intervention and Trade has decided on setting prices and other safeguard clauses of oil products. This Decision MINT has said it has deliberately taken the protection of consumer and competition, stressing that it has calculated local price failure with large price movements on the market [...]

This Decision MINT has said it has deliberately taken the protection of consumer and competition, stressing that it has calculated local price defaults with major price movements on the world market.

Under this decision, the allowed maximum trading margin is two eurocents per litre, while the maximum retail trade margin is twelve eurocents per litre.

The decision comes into force today and remains in force for 90 days.

On this occasion, MINT reports that the Central Inspectorate of Market Monitoring, the next few days, will intensify market supervision even in terms of the quality and quantity of oil products”, the report says.

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