Soft matter

Oil Prices Mark Decrease Following Agreement on Iran Nuclear Program

Oil prices have marked a decrease on international markets following the agreement reached Thursday upon the Iran nuclear program.

Analysts, however, have stated that they prognose a gradual decrease as opposed to a sudden shift in oil prices after Iran enters world markets once again, Dnevnik daily reported.

Bad timing for tenders as oil rates decline

By Chryssa Liaggou

The first major opening of the domestic hydrocarbon market happens to have coincided with the unexpected and rapid decline in global oil prices. This has raised concerns in the Energy Ministry about two tenders for the concession of 20 blocks in the Ionian Sea and south of Crete, as well as three blocks in Arta-Preveza, Aitoloakarnania and northwestern Peloponnese.

Fuel Prices Might Drop – Experts

Fuel prices in Bulgaria might drop, reports the Nova TV national channel.

According to experts, the prices of petrol and diesel fuels might decrease by 10%, due to drop of crude oil prices at global markets. 

Prices haven't been lower in the past 14 months. 

According to Nova TV, in some petrol stations across Bulgaria the lower prices are already a fact.

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