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Brent Drops to 78 Dollars: If Oil Falls on the Exchange, Why Almost Never at Our Pumps?

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Brent Drops to 78 Dollars: If Oil Falls on the Exchange, Why Almost Never at Our Pumps?

The price of oil keeps falling. Brent was trading at around 78.44 dollars a barrel, while US WTI fell 1.03 percent to around 75.23 dollars - the lowest levels in two months. Behind the drop is the de-escalation around Iran and a possible deal between the US and Iran that calmed fears over the Strait of Hormuz.

For global markets this is good news - cheaper oil means less pressure on inflation and lower energy costs. But the question every Balkan driver has on their mind is a different one: if oil is falling on the exchange, why does the price at our pumps almost never fall at the same pace?

It's the same old Balkan maths we all know. When the price of crude rises, fuel at the pump goes up the same day. When it falls, somehow there's always a delay, an explanation, or simply silence. The drop in Brent is real and significant - but whether we'll feel it in the tank too, or just read about it in the news, remains an open question the regulators rarely want to answer honestly.