oil market

Serbia’s Fuel Cost Surge Raises Pressure on Transport, Construction and Agriculture

Serbia’s industrial economy is facing renewed cost pressure from rising petroleum-related inputs, with imported coke and refined petroleum products recording one of the strongest increases among industrial categories in June 2026. Prices for imported coke and refined petroleum products were 23% higher year on year, 31.1% above December 2025 levels and 9.5% higher compared with May 2026. The increase represents a significant challenge for companies across the physical economy because petroleum products are embedded throughout transport networks, construction operations, agricultural…