RETAIL PRICES OF OIL PRODUCTS IN ARMENIA UP 4.6%-5.8% STARING APRIL 8
ArmInfo
2010-04-08 13:02:00
ArmInfo. Starting April 8, retail prices of oil products in Armenia
have grown 4.6%- 5.8%.
Petrol Super 98 grew in price from 430 drams per liter to 450 drams,
Premium 95 from 400 drams/l to 420 drams/l and Regular 91 from 380
to 400 drmas/l. Diesel grew in price from 340 to 360 drams/l.
Deputy Director of Flash Oil Trader Company Mushegh Elchyan told
ArmInfo the growth was the result of global prices, first of all,
because Armenia is importing oil products. He said that growth rates
of the oil product prices in Armenia are lower than average global
prices. "Flash Company had not increased the prices for 20 days thanks
to its own reserves, but the new lot of fuel was purchased on the new
price and the company could no longer restrain the growth of prices,"
Elchyan said. Since the beginning of the year the global price of a
barrel grew 65% to $86. Now the global prices have been stabilized,
he said.