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Fuel Price Has Increased in Georgia Accordingly to International Market

Fuel price has increased. Growth is from 2 to 5 tetri. The price has been increased of companies such as “Gulf”, “Lukoil” and “Wissol”.

Deputy Director General of Lukoil Shavleg Misheladze confirms the price increase at Business Course. According to him, from today “Lukoil” all kinds of fuel increased by 5 tetri.

The reason is the increase of fuel prices on international market. As he states, it kept growing constantly during last two months. And it will keep like this, as predicted.

The Brent-type fuels currently costs 52 dollars on the international market, while iit was 46 dollars at the beginning of July . The WTI barrel fuel price is now 48 dollars, while it was also 46 dollars at the beginning of July.