Namely, in the time when a barrel was more than $100, liter of fuel was 2.45 BAM. Today the barrel is cheaper for 60%, and the price of the fuel fell in average for just a few percent, which caused a dissatisfaction of the public. There is a question why the price of the fuel is falling slower than the price of the oil?
A large share in the retail price of the fuel is payments to the country. Due to that, price of the fuel is not harmonized with the price of the crude oil because the part that belongs o the state remains relatively unchanged.
The retail price of the fuel is affected by the fact that the most of the oil used in the region is acquired from the so-called Mediterranean oil market. It needs to include the costs of refining, transport, the dollar course related to euro, i.e. mark, and many other parameters.
(Source: akta.ba)