Many consumers are searching about the increase in gasoline prices today in Egypt over the past few period, as many individuals wondered about the presence of any price movements regarding gasoline and diesel prices today, Monday, coinciding with the rise in the prices of many products and services starting today. Continue the article with us to find out. On the increase in gasoline prices today in Egypt.
Gasoline prices increased today in Egypt
Through our website, “Balad News,” we convey to you the increase in gasoline prices today in Egypt, where gasoline and diesel prices have stabilized today without any price movements, whether increasing or decreasing, following the latest decision of the Petroleum Products Pricing Committee last November, which included raising gasoline prices and stabilizing the price. Diesel, as the committee meets every 3 months to link fuel prices in Egypt to the global market, and the automatic pricing mechanism for petroleum products in Egypt aims to evaluate the prices of products fairly, so that the state’s general budget and its allocations do not impose additional burdens, by linking prices in the local market to international prices. According to the decision of Engineer Tarek El Molla, Minister of Petroleum and Mineral Resources, the implementation of the new gasoline pricing, which included increasing the prices of all types of gasoline, began on the morning of Friday, November 3, 2023.
Gasoline prices in Egypt today
- The price of a liter of 80 gasoline reached about 10 pounds
- The price of a liter of 92 gasoline reached about 11.5 pounds.
- The price of a liter of 95 gasoline reached about 12.5 pounds.
Engineer Tarek El Molla, Minister of Petroleum and Mineral Resources, said during previous television statements that this decision includes increasing gasoline prices and stabilizing the price of diesel last November. This is an implementation of the government’s decision that it took in the course of economic reform that began in 2016.
2024-01-02 08:21:05
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