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In foreign markets, crude oil goes to 88 dollars a barrel, we buy it for 232 lek a liter

2022-09-08 08:33:24Biznes SHKRUAR NGA REDAKSIA VOX

In foreign markets, crude oil goes to 88 dollars a barrel, we buy it for 232 lek

The price of crude oil in foreign markets has dropped to the lowest level since January of this year. For the first time since the start of the Russian aggression in Ukraine, when the price on foreign markets only registered an increase, going up to the level of 130 dollars a barrel, today the price of crude oil on the international exchange is 88 dollars. 

But despite this decline, a barrel costs about $16 more than on September 8, 2021, when a barrel of oil was $72.60. While in our country, citizens currently buy a liter of diesel for 232 lek, which is the last price set by the Transparency Board for Fuel Monitoring on September 2.

But this drop in the price of crude oil is not expected to be reflected with the same intensity in the price of oil that citizens buy at gas stations, as the Ministry of Finance has clarified earlier that they take the fluctuations in the stock market as a reference for the new prices. Platts of the Mediterranean for diesel, gasoline, as well as official invoices of operators. 

The board has been accused since its establishment of not being transparent with the prices, as its composition includes the hydrocarbon companies themselves. 


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