After another wave of increased production prices of crude oil fell to the lowest point in the last 11 years.
The amount of available crude oil exceeded the real demand, which caused the fall in prices that was recorded on the 14th of December. Seven days later, the fall is continued.
Price of US WTI crude oil was 34.50 USD per barrel on Monday, while the price of European black gold was 36.50 USD per barrel.
This is the largest fall of prices since July 2004, and gas stations in the FB&H are monitoring the situation as well.
In fact, the price of fuel in the FB&H have fallen for 5 to 10 pfennig last week, while the price of diesel is on average around 1.65 to 1.75 BAM in average.
“Given the fall in the price of barrel on the world market, and announced fall of fuel prices in neighboring Croatia, we can expect another fall in fuel prices in the FB&H, which, we emphasize, is still the lowest in the region,” as announced from the Sector for prices, analysis and market development at the Federal Ministry of Trade.
(Source klix.ba)
