Global Oil Prices Go Down, While Gas in Armenia Goes Up: Yerkir

Gas prices again went up at all petrol stations in Yerevan yesterday, reports local daily Yerkir.

According to Yerkir, regular gas was being sold for 460 drams per liter, as compared to the previous 450 drams , while Premium prices had gone up to 480 drams .

"It's noteworthy that petrol becomes expensive when a drop in oil prices in the international market is observed. At the New York Mercantile Exchange (NYMEX) yesterday, the price of 1 barrel of oil (159 L) dropped by $4 US from the previous day and was being sold for $113.57 US.

"While oil prices in the international market are at Mar. 15 levels, 1 liter of regular gas in Armenia is being sold for 420 drams ," writes Yerkir.