The Ministry of Industry, Entrepreneurship, and Trade has released the maximum allowable prices for petroleum derivatives effective November 18. The current oil price is reported at 1.63 euros per liter, marking a slight increase of three cents from Friday’s rate of 1.60 euros. For gasoline, the maximum price is set at 1.45 euros per liter, representing a two-cent increase compared to Friday’s rate of 1.43 euros.
The price for gas remains unchanged from Wednesday’s level, at 0.60 euros per liter. These published petroleum derivative prices will take effect at 10:00 AM and remain valid for a 24-hour period. The Ministry’s announcement provides updated cost benchmarks for various fuel types.
The updated figures reflect minor adjustments across the board. The oil component saw a marginal rise, while the gasoline price also increased slightly. The stability of the gas price suggests a temporary plateau in the market for that specific derivative.
Consumers and businesses relying on these fuels will be guided by these official maximum prices when purchasing petroleum products throughout the day.
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