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The war in Ukraine has affected the increase of the price of oil and its derivatives, a consequence that was also felt in Kosovo.
Thus, the government decided to set a profit margin for oil traders, all in the name of stabilizing the market.
According to the Government decision, retailers of oil and its derivatives have a trade profit margin of 6%, while wholesalers have a trade margin of 4%.
This decision has been opposed by the Oilmen Association, which according to them has other more affordable ways.
“The decision should be revoked because it cannot be implemented in the right way. The second option, the landfills themselves, the importers said that the 4% profit margin is high and it should be returned to 8 with two, because the retailers are being harmed “, says Fadil Berjani, president of the Petroleum Association of Kosovo.
In the wholesale markets the price of oil on Tuesday was 1.25 while on Wednesday it reached 1.35. Thus, oil at retail outlets costs 1.42.
Decision of the Government of Kosovo obliges all oil depots and points of sale to keep in their stocks at least 5% of capacity for emergency reserve purposes
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