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Gas prices dropping, further decline possible

CAR owners once again find themselevs paying less to fill up after market leader Slovnaft dropped petrol prices by an average of 0.7 Slovak crowns per liter, or almost 2%. After other retailers adjust to Slovnaft's new prices, gas is expected to cost an average of Sk39.50 per liter.

Slovnaft said it was reacting to price developments at the Rotterdam stock exchange. However, according to the Pravda daily's calculations, if this were true, prices should have dropped even further to as low as Sk37.60.

Compiled by Magdalena MacLeod from press reports
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