“The price for one liter of the most consumed ‘Regular’-type rose from [AMD] 470 [approx. US$ 1.14] to [AMD] 480 [approx. $ 1.17]. Also, the ‘Premium’- and ‘Super’-type gasoline rose just as much.
The gasoline price increase is justified by two reasons: First, this product’s international price has somewhat increased. Second, the domestic market for gasoline consumption is getting smaller by the day,” Haykakan Zhamanak daily writes.