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Fuel prices rise again, diesel reaches 198 lek per liter

2026-07-15 14:11:00, Ekonomi CNA

A few weeks after the dissolution of the Transparency Board, fuel prices in the domestic market have continued to increase, with the price of diesel reaching around 200 lek per liter.

Today at retail gas stations, diesel is being sold for up to 198 lek per liter, while gasoline has reached 189 lek per liter.

Within a few days, the price of diesel has increased by 10 lek per liter, while gasoline has increased by 5 lek per liter.

On Friday, the price of oil reached 188 lek per liter, up from 176 lek per liter in mid-June, when the government decided to suspend the functioning of the Transparency Board. The price of oil increased by 12 lek per liter.

Gasoline also increased, trading at 184 lek per liter, up from 166 lek per liter, which was the price set by the Transparency Board's latest decision. An increase of 18 lek per liter.

The Hydrocarbons Association claims that the escalation of tensions in the Middle East has revived concerns about global oil supplies, adding risk to international markets and increasing wholesale oil prices.

On foreign exchanges, the price of Platts oil reached 1,198 USD/ton/, while the price of Brent crude oil today reached 85 USD per barrel from 76 USD per barrel it 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 214 lek to 203 lek per liter. However, after objections from importers, who warned of supply disruptions, just two days later the Board increased the price to 218 lek per liter.

In addition to creating 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 diesel exceeded 220 lek per liter and that of gasoline exceeded 200 lek per liter.

According to the Minister of Finance, Petrit Malaj, this measure has only been implemented twice, with a financial effect of around 37 million lek, or approximately 390 thousand euros./Monitor