Fuel and derivatives prices in Kosovo on the rise

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Fuel prices in Kosovo have been increasing lately.

Currently, diesel costs from 1.34 euros to 1.44 euros, while gasoline ranges from 1.27 euros to 1.34 euros.

Prices of derivatives in Kosovo have seen an increase in recent days.

The price for a liter of diesel ranges from 1.34 euros to 1.44 euros in the Kosovo market, while for a liter of gasoline, the price is between 1.27 euros to 1.34 euros. Prices for diesel are higher by about 5 cents per liter.

The President of the Association of Petroleum Traders of Kosovo, Fadil Berjani, emphasized that there is a slight increase in fuel prices.

According to him, the trend of rising prices of derivatives in international markets is increasing, and as he emphasizes, this is also reflected in Kosovo.

Furthermore, Berjani illustrated the prices in the Kosovo market.

“We cannot prejudge what prices we will have in the coming days because there are movements in the market and a reduction in production in the OPEC producing organization,” he said.

According to him, Kosovo depends on international markets, and that derivatives are imported.

On Tuesday, oil had risen by about a dollar per barrel amid concerns that tensions in the Middle East and Russia’s invasion of Ukraine could disrupt global supplies.

Brent crude oil rose by 66 cents on Monday, or 77.99 US dollars. Meanwhile, in West Texas, the price per barrel has reached 72.78 US dollars, up 50 cents.

Traders have been closely monitoring the situation in the Middle East, where progress in ceasefire talks between Israel and Hamas has been sporadic, indicating that tensions in the oil-producing region will continue. The United States has also continued its campaign against the Houthis in Yemen, whose attacks on transport vessels have disrupted the global market.

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