Aden witnesses major crisis in oil derivatives

ADEN, Jan. 27 (YPA) – Fuel stations in the southern port city of Aden closed their doors to citizens on Sunday, local media reported.

According to media sources in the city, hundreds of cars were parked in long queues in front of the stations, which refrained from direct selling to citizens, on the pretext of the high price of foreign exchange in the occupied southern provinces.

Moreover, the sources confirmed that the closure of the oil stations, led to a significant increase in the cost of transportation reached 200%, and the level of public traffic decreased.

Furthermore, the sources added that the trade in oil derivatives has revived on the black market to reach the price of 20 liters of gasoline to the amount of 12, 000 riyals.

Economic observers accuse Ahmed al-Eissa, deputy director of Hadi’s office for economic affairs, which controls the oil market in the southern provinces, of fomenting the oil derivatives crisis in the city.

E.M