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OIL RETAIL PRICES 3.4-7 PERCENT LOWER STARTING THURSDAY

ZAGREB, Dec 13 (Hina) - Retail prices of engine oils will drop 3.4-7 percent starting Thursday.
ZAGREB, Dec 13 (Hina) - Retail prices of engine oils will drop 3.4-7 percent starting Thursday.#L# After the Economy Ministry today okayed 6.1-13.2 percent cuts in engine oil prices, the national oil company INA will sell "super 98" at a 6.7 percent lower price, namely 6.7 kuna for one litre. The price of "normal 91" dropped by seven percent, now costing 5.85 kn/l, while "eurosuper 95" is 6.6 percent cheaper, costing 6.05 kn/l. "Eurosuper plus 98" will sell at 6.45 kn/l, 3.4 percent less than before. The drop in prices is the result of lower prices in crude oil on the world market and the USD-kuna currency ratio, Mario Dragun, head of INA's public relations, told Hina. Today, $1 = 8.7 kuna. (hina) ha

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