Energy, Latvia, Transport

International Internet Magazine. Baltic States news & analytics Friday, 25.05.2018, 23:13

Diesel prices continue to increase; gasoline prices stay put

Gleb Vasiljev, BC, Riga, 11.07.2012.Print version
Today, Latvia's largest fuel retailers raised their diesel prices, but left gasoline prices unchanged. Statoil and Lukoil increased diesel prices by one santim to LVL 0.909 and LVL 0.898 per liter respectively. Neste diesel prices were raised by two santims to LVL 0.897 per liter.

The retailers previously admitted that their prices are raised due to fuel price increases on global stock markets.

Nevertheless, oil prices on global markets reduced yesterday due to the Norwegian government stepping in and forcing its offshore oil and gas workers back to work and thanks to the weak import of China's crude oil.

 West Texas Intermediate (WTI) crude oil price for August's supplies decreased to USD 83.91 (LVL 47.99) per barrel, whilst "Brent" crude oil price on the London Stock Exchange - to USD 97.97 (LVL 56.03) per barrel, reported NOZARE.LV/LETA.

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