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152 new news items in the last 24 hours
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  2. Economy

The Competition Council monitors fuel prices to avoid unjustified increases. The Minister of Energy states that price increases of more than 3-5 bani are not justified.

Raluca Ioana Draghici
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2 March 2026, 15:23
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Bogdan Chirițoiu, the head of the Competition Council, stated that the institution constantly monitors the fuel distribution sector, including prices and the behavior of operators, to ensure that price changes are justified by objective factors. He emphasized that the price of a barrel of oil is below 80 dollars, similar to the previous year, and that adjustments in pump prices are usually moderate and temporary.


At the same time, the Minister of Energy, Bogdan Ivan, stated that Romania has sufficient fuel stocks for 90 days and that any increase greater than 3-5 bani per liter is not justified, considering the recent increase in oil quotas. Ivan called on the competent institutions to monitor the market to prevent speculation.

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NEWS ON THE SAME TOPICS

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ANPC monitors the commercial markups of fuel distributors after recent price increases
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Cristian Bușoi, Secretary of State at the Ministry of Energy, stated that fuel prices remain high due to international oil prices and the Platts index
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The main fuel companies complied with the cap on the commercial markup during the period of April to June 2026, according to the analysis of the Competition Council.
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ANPC is monitoring gas stations in the country to check commercial markups and price increases.
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Former Minister of Energy, PSD Deputy Bogdan Ivan: "The prices of diesel have gone crazy. There is a need for inspections, explanations, and quick decisions."
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ANPC has started inspections at fuel stations in the country, sanctioning operators who have increased prices after the legal hour.
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