Oil prices fall worldwide, not a cent in Kosovo - Government says their mechanisms yielded results

The crackdown by the Ayatollah regime in Kosovo resulted in the price of oil rising in Kosovo markets, almost reaching 2 euros.

Even after the two-week ceasefire agreement, prices did not decrease even a little, and the Government did not take a single measure.

Businesses are seeking longer-term agreements, this was confirmed by Fadil Berjani, Chairman of the Kosovo Oil Workers' Association.

“The recent ceasefire between the US and Iran, and the reopening of the Strait of Hormuz have brought some calm to the oil markets. Fears of supply disruptions have subsided and this was immediately reflected in prices, with indices such as USOIL and Brent seeing a stabilization in recent hours. However, this may be a short-term reaction. If the situation remains calm, prices may continue to fall gradually. Only a stable and long-term agreement would bring real stabilization to the oil markets, including in Kosovo,” he said.

Even when oil prices dropped by 19 percent worldwide, on April 8, a liter in Kosovo cost 1 cent more than the day before. The Ministry of Trade decided to inspect fuel sales points to identify violators, but nothing has changed.

However, LDK MP Janina Ymeri does not see this as entirely appropriate, blaming the Government.

"They have wasted our time with margin control and do not want to introduce new measures such as initiating the purchase of reserves and transparency so that we can see when the import price is the highest and when the lowest," she said.

Kusari-Lila hopes for oil price stabilization, says her mechanism yielded results