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Further fall in fuel prices possible

A litre of Eurodiesel in Montenegro is cheaper by 5 cents and now costs €1.14, while a litre of Eurosuper BMB 98 and BMB 95 still costs €1.38 and €1.34, respectively. Wholesale fuel oil is also cheaper and costs €1.11, and the price of a litre of fuel oil has also been reduced and now amounts to €0.83.

After more than a decade of negotiations, Iran and six world powers reached a historic agreement on the nuclear programme, which provides that Tehran restricts its nuclear ambitions in exchange for lifting of sanctions, which could be a turning point in international relations, daily “Dnevne Novine” carried.

After the news of the agreement had been released, oil prices abruptly fell, due to the fears of the market participants that Iranian oil would ”flood” the markets after the sanctions were lifted.

However, having estimated that the Iranian oil exports would gradually increase, the prices began to rise slightly, but they were still below the level at the beginning of the week.

 

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