How much is a liter? Gasoline prices in Egypt today, Tuesday 12-5-2023, according to the Automatic Pricing Committee

2023-12-05 13:39:10

Many car owners search for gasoline prices in Egypt today on all search engines, and therefore we are interested in conveying to you the latest gasoline prices at gas stations in the governorates today through the lines of this article.

Gasoline prices in Egypt today

Through our website “Balad News”, we show you the prices of gasoline in Egypt today, as the automatic pricing committee for petroleum products is responsible for setting new gasoline prices in Egypt, and the pricing committee aims to achieve fair sales of these products, and the following is the most important information regarding the method of setting prices. New gasoline through the Automatic Pricing Committee for Petroleum Products, and here are the prices:

  • A liter of gasoline 80 costs regarding 10 Egyptian pounds.
  • A liter of 92 gasoline reached regarding 11.25 Egyptian pounds.
  • A liter of 95 gasoline reached regarding 12.50 Egyptian pounds.

Basics of determining gasoline prices

  • First: Gasoline prices are determined according to a price equation.
  • Second: This price equation includes the link between Brent crude prices and exchange rates, as well as the cost.
  • Third: The prices of petroleum products in the local market are automatically linked to international prices in light of the cost.
  • Fourth: The Automatic Pricing Committee for Petroleum Products meets every three months to determine prices.
  • Fifth: The selling price of all petroleum products is linked to the local market, with the exception of stoves and petroleum products used by the electricity and bakery sectors.
  • Sixth: The automatic pricing law is applied to petroleum products, where the consumer is delivered, which includes the value-added tax, without the stove and petroleum products used by the electricity and bakery sectors.
  • Seventh: The selling price of petroleum products is actually reviewed in the local market, provided that the percentage of change in the consumer selling price, whether higher or lower, does not exceed 10% of the current selling price.

Gasoline prices today

  • A liter of gasoline 80 reached a price of 10.00 pounds.
  • A liter of 92 gasoline reached the price of 11.50 pounds.
  • A liter of 95 gasoline reached a price of 12.50 pounds.
  • A liter of kerosene reached 8.25 pounds.
  • A liter of diesel reached the price of 7.25 pounds.
  • A gas cylinder reached a price of 70.00 pounds.

What were the old gasoline prices before the increase was implemented?

  • A liter of gasoline costs 80 pounds, 8.75 pounds.
  • A liter of gasoline costs 92 pounds, 10.25 pounds.
  • A liter of gasoline costs 95 pounds, 11.50 pounds.

They noted that global oil prices witnessed sharp and sudden movements following the Ukrainian crisis, in addition to the rise in the local market resulting from the rise in the exchange rate of the dollar once morest the British pound.

The Automatic Steering Committee decided to raise gasoline prices in Egypt last month, while keeping the price of diesel as is, out of concern for those with limited income.

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