The Union of the Oil Producers and Importers published the existing situation at the oil market. The head of the Oil Importers Union Vano Mtvralishvili said during the August the oil prices were changing randomly. Particularly on August 1 in London the InterContinental Exchange Futures Europe - type oil price reached USD 116.81 for barrel. At the same time in New York at the New York Mercantile Exchange the Light Sweet - type oil price reached USD 94.89 for barrel. For the August 9 they decreased considerably: in London 102.57 for barrel, in New York - 79.30 for barrel. At the end of August the oil prices started to increase again. For August 31 they are in London 114.85 for barrel, in New York - 88.81 for barrel.
Chair of the Oil Importers Union said that "For the last period of time the controversial statistical information is delivered from USA and EU zone for the last period of time. This is a reason traders cannot agree for the final strategy in its plans. This causes the not smooth approach to the oil prices. After the price increase its fail may follow. What about Georgia - our market is totally and directly dependent upon the international prices. Accordingly the tendencies witch are aboard are reflected to our market with the time passing. This was the case when the price for the petrol increased for 5 tetri (0.05 GEL). After this on August 22 it decreased for 5 tetri. This happens despite of the fact that traditionally in summer period the consumption of petrol increases. Moreover the problems were in connection with the fuel supply. Nevertheless the prices decreased according to the international prices, "- Vano Mtvaralashvili said.