Low fuel prices on the world market affect on prices in Serbia

Low fuel prices on the world market affect on prices in Serbia

Published at: 2020-03-24 12:12 | Author: CIJ Serbia
Low crude oil worldwide are having an immediate effect on Serbian fuel prices. Between January 20 and February 10, the price of a barrel of crude oil fell from $70 to just $53.27, which has translated into a RSD 12 cut in diesel prices to RSD 152 per liter. Petrol fell RSD 7.5 per liter to the same price. Goldman Sachs is estimating that oil prices could continue their skid and end up at $20 per barrel which would again be reflected in Serbian fuel prices.

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