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In Albania, the fuel market is constantly fluctuating. The prices in the tables have dropped by 15 lek / liter from the record level of 260 lek and this seems to come as a reflection from the stock exchanges.
In international markets a barrel of crude oil has reached the value of $ 110 out of 140 with which they reached the peak amid war tensions in Ukraine.
This immediate drop in stock markets comes after the United Arab Emirates announced that they will increase oil supplies to the international market, to compensate for the barrels left by Berisha.
The Competition Authority has announced that for the hydrocarbon market since February 25, when prices were at the level of 192 ALL, a preliminary investigation has been launched to assess whether gas stations have increased prices in a coordinated manner.
In its statement the CA states that they can not intervene to reduce prices and as an institution the law has given powers only to investigate whether the market is free competition or oligopoly, where companies secretly cooperate with each other for fixed prices.
Regarding the sudden price changes, the Albanian Hydrocarbons Association has stated that the customs clearance of safety reserves held according to the law is done with the stock market prices and therefore this is immediately reflected in the gas stations.
Investigations according to the Authority for the hydrocarbon market are done for the period from January 1 to February 25, and it will take several months before coming to conclusions. It should be recalled that the Competition Authority has issued a decision that was strongly contested by MPs regarding the investigation of the flour market, where after several years of investigation decided that they had not committed violations in their activity.
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