Prices of main goods will not increase further, said Bank of Albania in a latest press release. According to this institution, referring to statistics published by international financial institutions regarding oil prices, prices during 2015 may even decrease compared to 2014.
The international market was shocked by the drastic decrease of oil prices which affected the decrease of prices in general, since in August 2014.
The continuous decrease of oil prices worldwide was not reflected immediately in the Albanian market, and this caused many discussions in parliament between opposition and majority.
The head of Economy Commission declared that the hydrocarbons market is dominated by only three companies which have abused in several cases with oil prices. The declaration led to an open discussion in parliament upon which the Ministry of Energy announced changes about the current fixed oil price law. Based on this, prices will be set based on the current prices in the international market and will reflect the increase or the decrease of oil prices in the domestic market.
News source/photo credits: ATA
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