Serbia Holds Fuel Prices Steady as Tax Relief Meets Oil Supply Risks

Serbia Holds Fuel Prices Steady as Tax Relief Meets Oil Supply Risks
Serbia will keep maximum retail fuel prices unchanged for another week, with eurodiesel capped at 236 dinars per liter and gasoline at 207 dinars. The rates took effect on November 13 at 3 p.m. and remain valid through November 20.

The decision maintains a price pattern that has lasted for more than a month. Fuel prices remained unchanged across four consecutive weeks between October 16 and November 13, after the last increase on September 18, when diesel rose from 234 to 236 dinars and gasoline from 205 to 207 dinars.

The government also extended its 25% reduction in excise duties on petroleum products through November 22. Under the measure, excise duties stand at 57.41 dinars per liter for leaded gasoline, 54 dinars for unleaded gasoline and 55.53 dinars for gas oil.

Government-aligned reporting framed the unchanged prices and tax reduction as measures supporting market stability. Opposition coverage confirmed the same prices and extension, but cast the announcement more plainly as a continuation of existing policy rather than a price reduction: “prices for both diesel and gasoline remained unchanged.”

The price decision came as Serbia faced a temporary interruption in crude deliveries through the JANAF pipeline. Transport was halted on November 6 after damage on the Sisak–Slavonski Brod section caused an oil spill of about 500,000 liters. NIS asked the authorities for access to crude from state reserves and diesel from operational reserves, saying the steps were intended to maintain regular supply. The company said its stations remained adequately supplied while it monitored the disruption and coordinated with state agencies and JANAF.