Gasoline and diesel retail prices increase by five and three Denar per liter as of Wednesday midnight.

According to the Energy Regulatory Commission (ERC), the new price of EUROSUPER-BS 95 is Denar 80.50 per liter, EUROSUPER BS-98 is Denar 82, EURODIESEL (D-E V) is Denar 69.50, extra light household fuel (EL-1) - Denar 58. The crude oil's (M-1 HC) price remains at Denar 42.727 per kilogram.

The ERC says the new prices come as a result of re-enforcement the fee for mandatory oil reserves, being paid for oil import or production, as well as of the excise for particular oil derivatives, revoked earlier by the Government in favor of cutting the oil prices