Gasoline prices in Egypt today, Monday 12-4-2023, according to the Automatic Pricing Committee – Balad News

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 about 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 about 10 Egyptian pounds.
• A liter of 92 gasoline reached about 11.25 Egyptian pounds.
• A liter of 95 gasoline reached about 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.