Fuel Prices Rise Again, up to Euro 2.12 per Liter
A few weeks after the dissolution of the Transparency Board, fuel prices in the domestic market have continued to rise, with the price of oil reaching around Lek 200 per liter. On Wednesday, at retail gas stations, oil is being sold at up to Lek 198 (Euro 2.12) per liter, while gasoline has reached Lek 189 per liter.
Within a few days, the price of oil has increased by Lek 10 per liter, while gasoline has increased by Lek 5 per liter.
On Friday, the price of oil reached Lek 188 per liter, from Lek 176 per liter in mid-June, when the government decided to suspend the functioning of the Transparency Board. The price of oil increased by Lek 12 per liter.
Gasoline also increased, trading at Lek 184 per liter, from Lek 166 per liter, which was the price set by the last decision of the Transparency Board. An increase of Lek 18 per liter.
The Hydrocarbons Association claims that the escalation of tensions in the Middle East has revived concerns about global oil supplies, thereby increasing the risk in international markets and driving up wholesale oil prices.
On foreign exchanges, the price of Platts oil reached $1,198 per ton, while the price of Brent crude oil on Tuesday increased to $85 per barrel, up from $76 per barrel it had reached on Friday.
In mid-June, the Minister of Economy and Innovation Delina Ibrahimaj announced the government's decision to suspend the functioning of the Transparency Board, arguing that fuel prices had been falling for two consecutive weeks.
The Transparency Board was established on March 23, 2026, at the height of the fuel price crisis following the outbreak of war in the Middle East. With its first decision, the price of oil was reduced from Lek 214 to Lek 203 per liter. However, after objections from importers, who warned of supply disruptions, just two days later, the Board increased the price to Lek 218 per liter.
In addition to establishing the Board, the government also intervened with a normative act that provided for a 20% reduction in excise duty in cases where the price of oil exceeded Lek 220 per liter, and that of gasoline exceeded Lek 200 per liter.
According to the Minister of Finance, Petrit Malaj, this measure has only been implemented twice, with a financial effect of about Lek 37 million, or approximately Euro 390 thousand.





