Egypt announces an increase in gasoline prices and the stabilization of diesel… and explains the reason

Dubai, United Arab Emirates (CNN) – The Egyptian Ministry of Petroleum and Mineral Resources announced, on Thursday, the new prices for gasoline and diesel.

The ministry said, in a statement, on its Facebook page: “In light of the fluctuation of Brent crude prices and the exchange rate of the pound once morest the dollar, the Automatic Pricing Committee for Petroleum Products concerned with following up and implementing mechanisms for applying automatic pricing for petroleum products on a quarterly basis decided in its meeting to recommend an adjustment to the current prices prevailing in the market.” “.

The statement added: “The price of selling gasoline products of all three types has been modified, starting from two o’clock in the morning on Thursday, to become as follows: 8.75 pounds per liter of 80-gasoline (0.29 US dollars), 10.25 pounds per liter of 92-gasoline (0.33 US dollars) and 11.50 pounds per liter of 95-gasoline (0.38). American dollar)”.

And he continued: “The selling price of a ton of diesel for non-electricity and bakery uses will become 6,000 pounds per ton (195.88 US dollars), and the selling price of diesel has been fixed at 7.25 pounds per liter (0.24 US dollars), and the price of diesel fuel for electricity and food industries has been fixed, and the fuel supply gas for cars has increased to become 4.50 pounds/meter ($0.15).

Leave a Replay