Gasoline prices today in Egypt 2023. Searches for gasoline prices today in Egypt 2023 have increased. The Pricing Committee holds a meeting every three months to review fuel prices and move them up or down by 10% or stabilize them. In its decision, the committee depends on the level of global oil prices, in addition to exchange rates and transportation, operation and production costs. Our website, Balad News, has provided you with all the details on the subject through the following paragraphs.
Today’s gasoline prices in Egypt 2023
Today’s gasoline prices in Egypt 2023. The Petroleum Products Pricing Committee in Egypt decided to raise the prices of all types of gasoline, effective in the early hours of Friday morning, while local media reported that diesel and gas would not be affected by an increase in prices. The Official Gazette published a decision including an increase in the prices of gasoline from 80 to 10 pounds, about 0.32 US dollars from 8.75 pounds, gasoline 92 to 11.50 pounds from 10.25 pounds, and gasoline 95 to 12.50 pounds from 11.2 pounds. The price of a barrel of crude in global markets currently ranges between 80-100. Dollars, and the Egyptian Ministry of Finance estimated the average price of a barrel in the general budget for the year 2022/2023 at $80, compared to $61 in the previous budget.
Gasoline prices before and after the increase
Fund officials pointed out the commitment of the Egyptian government’s economic program to fully implement the automatic fuel pricing mechanism, while providing targeted compensation to the most vulnerable groups. 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 against the pound. Our electronic website, Balad News, has provided you with all the current prices of gasoline through the following paragraph:
The price of 80 gasoline, the price of a liter, was recorded at 8.75 pounds, and the price of a liter was 10 pounds. The price of 92 gasoline, the price of a liter, was recorded at 10.25 pounds, and the price of a liter was 11.5 pounds. The price of 95 gasoline, the price of a liter, was 11.50 pounds, and the price of a liter was 12.5 pounds.
The committee decided to fix the price of diesel at 8.25 pounds per liter, and the fixing of the price of diesel came despite the increase in the price gap between the cost of providing it and the price of selling it in the local market, out of concern for the public good, because of its impact on the means of transporting passengers and goods, noting that the latest increase in the price of diesel in the market The local one was in May 2023.
2023-11-13 14:28:35
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