fuel price increase

Experts warn of possible fuel price increase in Serbia after November 25

Experts have warned that fuel prices in Serbia could rise once crude oil reserves at the NIS refinery in Pančevo are depleted on November 25. The extent of the price increase will depend on whether fuel procurement shifts away from the national oil company, Naftna Industrija Srbije (NIS), as alternative supply routes would likely be more expensive. Nebojša Atanacković, honorary president of the Serbian Employers’ Union, explained that fuel obtained through NIS is currently the most affordable option. “After November…