Malta: ‘Enemed does not buy fuel with spot prices, but through hedging agreements’ – chairman

In order to provide price stability for the benefit of businesses and the economy in general, Enemed does not buy its fuel requirements with spot prices but rather through hedging agreements, Enemed Executive Chairman Kevin Chircop told The Malta Independent on Sunday.

Chircop was replying to questions sent by this newsroom to Enemed, which asked whether given the fact that the price of oil has dipped to an historic new low they would be reducing the prices for petrol and diesel in the near future.

Source: The Malta Independent

Updated 17:20

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