Fuels get record prices in Albania

Fuels get record prices in Albania

Fuel prices have reached a peak this morning in Albania. As never before, Albanians are buying a litre of oil or gasoline today at an average of $220-230, while a litre of gas is 90-95. Prices have increased by about $45 per litre during the last week alone because of [...]

Fuel prices have reached a peak this morning in Albania. As never before, Albanians are buying a litre of oil or gasoline today at an average of $220-230, while a litre of gas is 90-95.

Prices have increased by about $45 per litre during the last week alone because of the uncertainty that war has brought to the markets in Ukraine, but also as a result of the businesspeople's greed for any such situation.

On the other hand, Albania has a strong taxation regime on fuels, where the Aztec price is estimated to have Albanians pay an average of 120-130 leks per litre of oil or gasoline they buy.

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