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Macedonian energy regulator raises gasoline prices, cuts price of diesel

February 26, 2014

Macedonia's energy regulator (ERC) raised the retail prices of gasoline but lowered the price of diesel fuel, according to a release on the institution's website.

The price of gasoline Eurosuper BS-95 went up by MKD 1 per litre to MKD 79 (EUR 1.28) per litre. This price compares favourably with an EU average of EUR 1.461 per litre as of February 25, as reported by the portal. It is also below the prices in neighbouring Greece (EUR 1.662 per litre) but slightly above the charges consumers pay for the resource in Bulgaria (EUR 1.276 per litre).

In Macedonia, the new price of gasoline Eurosuper BS-98 is MKD 80.5 per litre, also down by MKD 1 per litre. On the other hand, the price of diesel fuel slid by MKD 0.5 per litre to MKD 68.5 (EUR 1.11) per litre, which is below the one in EU countries.

The regulator said that the average crude oil price on the international markets increased 1% to USD 109.3 per barrel over the past 14-day period. Meanwhile, the Macedonian denar climbed 1.36% against the US dollar (from MKD 45.5051/USD to MKD 44.8858/USD) over the period.

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Source: IntelliNews - Weekly Reports

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