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Fuel Prices Decrease Again

Retail prices of petroleum products at INA’s gas stations will be lower by 1.1 percent from midnight tonight, as unofficially reported, with diesel decreasing by 3.8 percent and Eurosuper 95 and Super Plus 98 decreasing by 3.9 percent.

According to unofficial information, Eurosuper 95 will be sold at INA’s gas stations from midnight tonight for the next two weeks, until December 20, at a price of 6.15 kuna per liter, što je 3.8 posto manje od dosadašnjih 6,39 kuna.

Super 95 will decrease by 3.5 percent, with a new price of 6.05 kuna per liter (previously 6.27 kuna), while Super Plus 98 will cost 6.18 kuna, or 3.9 percent less than the previous price of 6.43 kuna.  The retail price of Eurodiesel will be lower by 2.6 percent, with a new price of 6.29 kuna per liter (previously 6.46 kuna), and Diesel will decrease by 1.1 percent to 6.14 kuna (previously 6.21 kuna). The price of blue diesel will be lower by 2.1 percent and will be sold for 3.21 kuna per liter (previously 3.28 kuna), while heating oil will decrease by 1.9 percent, costing 3.58 kuna per liter (previously 3.65 kuna).

Prices of petroleum products in the Croatian market can be adjusted every two weeks, and the adjustment depends on the movement of derivative prices in the Mediterranean market and the exchange rate of the dollar. After a significant increase in the first half of last year, prices of petroleum products in Croatia have been decreasing since mid-July, and the first correction this year is also marked by price reductions.

At the beginning of this year, prices of derivatives are on average about 20 percent lower compared to the same period last year. The price of Eurosuper 95, which was 8.09 kuna per liter at the beginning of 2008, is now nearly 24 percent lower, while the price of Eurodiesel is down by 21.4 percent. (H)