8 hours agoLowers the price of oil after Trump fees, Rosette Hajdari tries to credit: We made a decision on fixing prices
Periskopi(a year ago)
(a year ago)US President Donald Trump's tariffs have started affecting the burl level in lowering the oil price. In Kosovo, the price of oil is expected to drop by 1 Euro, news confirmed by the chairman of the Oil Association, Fadil Berjan, Periscopi reports. And in this rush of the fall of the prize, without losing the cobra, [...]
And in this rush of price loss, without losing cobras, Minister of Industry, Intervention and Trade Roseta Hajdari tried to take credit through an announcement that he has signed a decision on <x0 price disorder and the establishment of other protective measures, for oil products used in transport”.
In MINT's announcement, this decision is reportedly the result of continued supervision of the oil products market.
“According to this decision, set: maximum trade margin allowed to sell in abundance in two (2) eurocents per litre and maximum retail margin allowed in twelve (12) Eurocents per litre”, the statement said.
The report also says that the decision forces the subjects to supply products and offer oil products for sale without interruptions, as well as to respect prices with the allowed maximum trade margin and other safeguard clauses.
“also, implementing this decision envisions increased inspection, presenting suspicious cases to the Competition Authority, as well as close co-operation of the Central Market Supervisor Inspectorate with Kosovo Customs and Tax Administration. This decision is a step further towards promoting fair market competition and consumer protection, preventing anticompetitive behavior, ensuring transparency and unmovable conditions in the Kosovo Republic market”, the announcement concludes.
Currently, prices in Kosovo are approximately: Diesel 1.22 cents to 1.30 cents, gasoline 1.24 cents to 1.31 cents.
At the same time, derivative prices in Albania, 1.89 cents oil and 1.88 cents gasoline. In Serbia, meanwhile, oil 1.78. A cent and 779 cents gas.
Oil prices dropped significantly Friday, reaching the lowest levels since 2021, due to growing concerns that trade warfare would seriously damage the global economy.
The American oil fell by 8 percent, reaching $6,92 per barrel in the final trade. This decline comes after a 6.6 per cent contraction Thursday, caused by tariff concerns and a sudden increase in production by OPEC+, writes cn.
The price of crude oil dropped by $60,81 per barrel, the lowest level per day since April 2021.
Oil dealers fear that trade warfare will slow economic growth to the point of negatively affecting energy demand. /Periscopi/
