Home » today » Business » Find out about gasoline prices in Egypt today, Sunday, November 19, 2023, after the new increase – Balad News

Find out about gasoline prices in Egypt today, Sunday, November 19, 2023, after the new increase – Balad News

Gasoline prices in Egypt today. Searches have been increasing in the last hours on the part of citizens in Egypt in order to know the prices of gasoline today, as the Minister of Petroleum and Wealth, Engineer Tariq Al-Mullaat, announced the implementation of the new increase in the prices of gasoline of all types except diesel, and it is expected that the ministry will By increasing the production of diesel and gasoline in the coming period, in implementation of the decisions of the Presidency of the Council of Ministers for economic reform. In this article, we will learn about gasoline prices today in Egypt and the reasons for the rise in prices in the recent period.

Gasoline prices in Egypt today

Many citizens are looking forward to learning about gasoline prices in Egypt today, as the relevant automatic pricing committee for petroleum products has determined the mechanisms related to implementing automatic pricing for petroleum products on a quarterly basis, starting from eight in the morning on the 3rd of this month of November. This is in addition to that it decided to amend The current prices prevailing in the local market, and gasoline prices today in Egypt are as follows:

  • The price of 95 gasoline reached 12.5 pounds per liter.
  • The price of 92 gasoline was recorded at 11.5 pounds per liter.
  • The price of 80 gasoline reached 10 pounds per litre.
  • The price of kerosene was recorded at 8.25 pounds per liter.
  • The price of diesel today reached 7.25 pounds per liter.
  • Today, the price of a gas cylinder reached 70 pounds.

The fact that gasoline prices will decrease in the coming period

Engineer Tarek El-Molla, Minister of Petroleum and Mineral Resources, confirmed that the next stage will witness an increase in the production of gasoline and diesel in all markets, and that it is among the things that contribute significantly to the decline in prices, because the current stage has witnessed widespread development in the field of refining and manufacturing petroleum, and also there has been Raising the efficiency of refineries, which will witness a decline in prices during the coming period as well.

It is worth noting that the automatic pricing committee meets every three months to review fuel prices and move them up or down by 10%.

President Abdel Fattah El-Sisi also rejected the government’s request to increase diesel prices out of concern for the limited-income people.

2023-11-19 10:42:02
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