2 hours agoA liter of oil 1 euro and 35 cents, Berjani: No place for panic, Kosovo has derivatives
Periskopi(4 months ago)
(4 months ago)As the United States' attack on Iran begins, what was felt in Kosovo was also the price of derivatives, but that the chairman of the Kosovo Oil Association, Fadil Berjan, has said there is no room for panic and that Kosovo has enough derivatives. A written reply said that [...]
Berjan in written response said prices in Kosovo are stable, where it refers to a litre of oil from 1 euro and 23 cents, now costs 1 euro and 35 cents.
Today, prices behave roughly: Diesel from $1.23 to $1.35 per litre, Benzina from $1.24 to $1.34 per litre. Prices of derivatives now and three months have been stable. There was no movement on the stock exchange,” Beryan declared for Online Economy, broadcast Periscope.
He added that the war in Iran, increasing tensions and the risk of halting production, as well as the situation in Hormuz Strait, one of the most important oil transit routes in the world is directly affecting global markets.
Any problem in that corridor reflects on international markets and naturally reflects on us in Kosovo. Hundreds of ships have been passed through this corridor a day, while now more than four or five per day and those with great risk,” he said.
However, Beryan assures citizens that there is no reason for panic.
“Citizens do not need panic, because the derivative in Kosovo has enough. We hope that a peace deal will be reached and the oil market will stabilise around the globe. Our citizens are currently being supplied at cheaper prices in the region,” Berjani added.
Sea transport through the strait, which transports a fifth of the globally consumed oil, as well as large quantities of gas, has been stopped almost entirely due to Iranian attacks on oil tanks in the region. /Periscope/
