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Oil prices in Serbia to rise as unrest spreads in northern Africa

24. February 2011. | 08:01

Source: Tanjug

Oil prices in Serbia may increase in the next couple of days due to the price rise of crude oil at world markets and the latest unrests in northern Africa, President of the AD Nafta Managing Board Nebojsa Atanackovic told Tanjug on Wednesday.

Oil prices in Serbia may increase in the next couple of days due to the price rise of crude oil at world markets and the latest unrests in northern Africa, President of the AD Nafta Managing Board Nebojsa Atanackovic told Tanjug on Wednesday.

He could not precise the exact amount of price rise, but underscored that daily price fluctuations can be expected, adding that this depends on the individual policy of each oil company doing business in Serbia.

Atanackovic recalled that at the moment Serbia's market is open and the prices of fuel can be freely formed, but that nevertheless oil companies are able to change the prices at gas stations on a daily basis.

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