Falling oil prices on stock market, Kosovo oils response comes

Falling oil prices on stock market, Kosovo oils response comes

Drivers in Kosovo are expected to feel the consequences of releasing crude oil prices on global markets, according to Kosovo Oil Association Chairman Fadil Berjani. Berjan said today that the prices reduced on the stock market are expected to be “reflected” in Kosovo as well. But not immediately. “Today the market price is on [...]

Berjan said today that the prices lowered on the stock market are expected to be “reflected” in Kosovo as well. But not immediately.

“Today the price on the stock market is falling, and this is expected to be reflected very quickly in Kosovo”, Berjan said in a statement to the Indexline portal on Wednesday.

Currently, prices on the local market are: the 1.89 euro dysel per litre, while the 1.46-euro gas per litre.

However, he has stressed that no precise deadlines for lowering prices can be given on the local market.

“We can't judge when the prices will be lowered to us, because it's all up to the” stock exchange, he said.

According to him, lower prices relate to international developments and expectations for agreements that are affecting the stabilisation of the global oil market.

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