Serbia is already at the top of the list of countries in the region in terms of how much a liter of fuel costs. More precisely, citizens of Serbia pay for the most expensive diesel, while gasoline is more expensive only in Montenegro and Hungary.
However, Serbia could strengthen its leadership position from October 1, when the new excise taxes, increased by eight percent, start to apply.
Until Friday, according to the Regulation on limiting the price of oil derivatives, the price of diesel in Serbia will be 211 dinars, and the price of gasoline will be 192 dinars per liter.
Experts estimate that the prices of oil derivatives will definitely increase from the first day of October due to the decision of the Government of Serbia to increase the excise duty on Eurodiesel by 4,76 dinars and on gasoline by 4,63 dinars per liter.
In addition to increased excise taxes, the increase in fuel prices will also be affected by the jump in the price of oil on the world stock exchanges, and it is estimated that the price of fuel in Serbia at retail will probably increase by more than six dinars.
The president of the Association of Private Gas Station Owners, Milan Rakić, told "Danas" that although at the moment retail fuel prices in Serbia do not depend directly on the correction of crude oil prices on the stock exchanges, they are formed on the basis of the cost price of oil derivatives on the reference regional stock exchange in Genoa in port of Lavera, that correction will indirectly affect their growth at the pumps in our country.
"Namely, every increase in the price of crude oil causes a correction, i.e. an increase in the price of oil derivatives on the reference regional stock exchanges." In the specific case, this means that in addition to an increase of five to six dinars due to the correction of the excise duty, fuel in Serbia will also become more expensive due to a jump in the price of crude oil, which could exceed the level of $100 per barrel in October," says Rakić.
He also points out that the formula by which the maximum cost price of oil derivatives is determined in Serbia during the economic crisis is the cause of high retail fuel prices.
According to the data of the website Global petrol prices, when looking at the countries of the region, Serbia is in third place for the price of gasoline, and in first place when it comes to diesel.
A liter of gasoline in Hungary costs 200,15 dinars, in Montenegro 194,66, in Serbia 192, and in Croatia 190,90. Slovenians have to shell out 181,64 dinars for a liter of gasoline. In Bosnia and Herzegovina, gasoline costs 173,30, in Romania 172,63, and in North Macedonia 172,52. The cheapest gasoline is in Bulgaria and costs 169,22 dinars per liter.
When it comes to diesel, it is the most expensive in Serbia and currently costs 211 dinars per liter. Then comes Hungary where it costs 206,57 dinars, Croatia where it costs 196,89 dinars and Slovenia with 187,39 dinars per liter. A liter of gasoline costs 185,28 dinars in Montenegro, 179,59 dinars in Romania, 171,80 dinars in Bosnia and Herzegovina, 168,68 dinars in Bulgaria, and the cheapest is 165,85 dinars per liter in North Macedonia.
BG/Today
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