Many citizens are worried about gasoline prices and wondering whether they will rise or not, in light of the threatening high prices we live in and in conjunction with the entrance of the new year 2023, as the prices of all goods have risen, so what will be the situation with petrol?
Everyone awaits the decision of the oil product price committee, which will meet in the first month of the new year.Sh
January, during which the new petrol prices will be announced.
A large number of experts and economists expect the Petroleum Pricing Committee to decide to increase the price of gasoline in a month, due to the increase in global prices due to inflation.
Gasoline prices currently in Egypt
– The price of 80-octane petrol was recorded at £8 a litre.
– And the price of 92-octane petrol was recorded at £9.25 a litre.
The price of 95 petrol is £10.75 per litre.
– While the price of diesel and kerosene recorded a value of 7.25 pounds per litre.
– The price of a ton of diesel supplied to industry is £5,000 a ton.
The selling prices of some petroleum products in the local market are revised up and down every quarter.
The price of petroleum products is determined according to AFor the global price of a barrel of Brent crude oil eprice change to dollars,
Moreover Transportation costs and other costs
The Petroleum Pricing Committee has the right to increase petrol and diesel prices by no more than 10%, with the aim of not causing a shock to the market and to adjust to the new prices.
