How many liters of gasoline?.. Gasoline prices today in Egypt 12/6/2023 after the last price announced by the Automatic Pricing Committee – Balad News

After the recent decisions of the Automatic Insolvency Committee in Egypt regarding increasing gasoline prices, citizens are constantly asking about gasoline prices today in Egypt, and official media reported that Egypt raised gasoline prices by up to 14.3 percent, but kept the price of diesel (diesel) unchanged, so let us We now learn, through our news website Balad News, today’s gasoline prices in Egypt after the new increases.

Today’s gasoline prices in Egypt

After the decisions of the Automatic Pricing Committee, the prices of 80 gasoline were raised by 1.25 pounds, 92 gasoline by 1.25 pounds, and 95 gasoline by one pound to ten pounds ($0.3241), 11.50 and 12.50 pounds per liter, respectively. Gasoline prices after the increase were as follows:

• The price of gasoline 80 per liter is 10 Egyptian pounds.
• The price of gasoline 92 per liter is 11.5 Egyptian pounds.
• The price of 95% gasoline per liter is 12.5 Egyptian pounds.

Old gasoline prices before the increase was implemented

• The price of gasoline, 80 per liter, is 8.75 Egyptian pounds.
• The price of gasoline, 92 per liter, is 10.25 Egyptian pounds.
• The price of gasoline is 95 per liter, 11.50 Egyptian pounds.

New diesel prices

Many people are searching for the new diesel prices, and whether the price of diesel has been increased and the prices of gasoline have been increased or not, as the automatic pricing committee did not decide on any new increase in the price of a liter of diesel since it is linked to all prices, and the committee kept the price of a liter of diesel as it is, as the president refused. Abdel Fattah El-Sisi, President of the Arab Republic of Egypt, asked the government to increase diesel prices, but he contented himself with increasing gasoline prices out of concern for those with limited income.

Basics of determining gasoline prices

• Gasoline prices were determined according to a price equation. This price equation includes a link between Brent crude prices and exchange rates, as well as the cost.
• The prices of petroleum products in the local market are automatically linked to international prices in light of the cost.
• The Automatic Pricing Committee for Petroleum Products meets every three months to set prices.

The Ministry of Petroleum in the Arab Republic of Egypt explained that the intention to increase gasoline prices came to reduce the price gap between the cost of providing gasoline and its selling price in the local market.

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