CBY in Aden behind crisis of oil derivatives
English - Saturday 02 March 2019 الساعة 05:50 pm
Aden – NewsYemen.net
An official source at the Yemen Oil Company said to Newsyemen that Mohammed Zemmam, the governor of the Central Bank of Yemen, in Aden province, raised the price "preferential price" in exchange of the US$ at the Yemeni Oil Company, from Y.R 440 to 1US$ it comes Y.R 495 to 1US$.
The company was forced to stop working beyond its capacity to avoid losses. Under protection of armed militias: Houthis destroy mud houses in old Sana'a city.
The temporary capital of Aden and the neighboring provinces lived in a crisis of oil derivatives and almost total obstruction on Thursday, causing the disruption of the work of citizens.
The oil derivatives had become less severe during the past four months. The price of 20 liters of oil stood at 5,500 riyals, which reached YR 10,500 during the same period.
