Oil derivative prices in Kosovo have marked decline in recent days.

Oil has been released four cents per litre, while gasoline for two cents, Kosovas Kos reports.

Kosovo Oil Association Chairman Zekim Istog tells Kosovo that the decline in prices on the international market has reflected immediately at the retail stations in Kosovo.

According to him, the current price of oil ranges from 1.18 euros to 1.83 euros per litre, while gasoline is drawn from 1.48 to 1.50 euros.

He says a slight cut in prices is expected in the coming days, depending on developments in international markets.

Under the decline of the price in the international market, oil importer companies have reacted immediately, lowering the price at the shopping points. Concretically, there has been a decline throughout the week, but on weekends the decline has gotten bigger.

It has reflected on all retail points approximately 4 cents in oil, a total of 2 cents drop in gasoline. Today the prices of oil derivatives are brought somewhere between 1.18 and 1.13 at the mall. And gasoline, 1,48 to 1,50 euros. This week for forecasts are for a slight decline, but that is entirely dependent on developments that will take place in the Middle East, talks or peaceful agreement, Istog says.

Remember, MINT Minister Mimoza Kusari-Lila had warned of restoring the price of ceiling for oil if the decline in prices on international markets is not reflected on the Kosovo market.