Azerbaijan Raises Price of Gasoline Premium Euro-95
Last night in Azerbaijan the price of gasoline Premium Euro-95 rose by 10%, from 95 gapik to 1.05 manats per 1 liter.
At 12 o'clock in the morning all gas stations had to change the prices, which caused a stir of drivers, who decided that all brands of gasoline went up.
There is no official information about the price increase and it is not clear which agency made the decision. According to experts, gasoline Premium Euro-95 is imported, so the price depends on the exchange rate. Given that the manat has depreciated more than twofold, the price of imported fuel is also expected to increase. However, it is not clear why Azerbaijan that produces all kinds of oil products is unable to produce gasoline Premium. -02D-
Economics
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