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Saturday, April 27, 2024

Heating oil price regulation extended by a month

By: J.S., STA

The government extended the regulation of heating oil prices under which retailers’ margin is capped at six cents per litre.

The decree entered into force today and is valid for 30 days. The base price to which the margin is added is calculated as a 14-day average price that takes into account prices on Mediterranean markets, the euro-dollar exchange rate and several other variables.

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