In Tirana, the price of oil has reached Lek 182 per liter in some of the most important gas stations. Compared to the retail price of oil before the start of the war, it turns out that the increase is Lek 7 per liter.

On Friday, according to a field observation, it turns out that the price of oil at retail points has been increased by several operators, including companies such as Kastrati, Bolv Oil, and Elda.

Before the start of the attacks in the Middle East, the price of oil was Lek 175 per liter. The market results show that the price of Lek 175 per liter has been unchanged since October 2024, that is, for more than 1 year, despite the decrease in prices in international markets.

Meanwhile, since Wednesday, about 4 days after the start of the attacks in the Middle East, the price in the retail market increased by Lek 4, reaching the level of Lek 179 per liter. The price change was reflected in several points in Tirana, while it remained unchanged at the retail supply points on the highway.

Meanwhile, the Competition Authority has begun monitoring the wholesale and retail fuel market, with a special focus on gasoline and diesel prices at retail points of sale, days after key market actors warned of higher prices following the conflict in the Middle East.

According to the official announcement, all enterprises that carry out activities in the fuel trade are currently under monitoring.

According to the institution, any unjustified deviation, including uncoordinated or faster growth than the international trend, may constitute indicators of uncompetitive behavior in the market.

The Competition Authority emphasizes that it will not tolerate practices that conflict with the principles of fair competition, including price coordination, abuse of dominant position, or concerted practices between operators.

The increase in the price of oil has also been noted on foreign stock exchanges. The price of Brent crude oil is 88.9 USD per barrel. Before the attacks, the price of Brent crude oil on the stock exchange was 65 USD per barrel.

Meanwhile, the price of refined oil, according to operators on Friday, before the attack, was 700 USD per ton. After the attack, the price increased to 900 USD per ton.