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Arab Finance – The Automatic Pricing Committee for Petroleum Products decides to increase gasoline prices


The Automatic Pricing Committee for Petroleum Products decides to increase gasoline prices

Arab Finance: A committee met Automated pricing For petroleum products concerned with reviewing and setting the selling prices of petroleum products

In the context of ensuring the provision of petroleum products and controlling market performance in accordance with established pricing mechanisms, and in an effort to reduce the gap between the selling prices of petroleum products and their high production and import costs, the following measures have been taken to reduce part of this gap and correct the prices of the following petroleum products as of Friday, 10/2024. /18, provided that the committee postpones its next session to be after 6 months, as follows:

Gasoline 95.. 17 pounds / liter

Gasoline 92.. 15.25 pounds / liter

Gasoline 80… 13.75 pounds/litre

Diesel…13.50 pounds/litre

And kerosene…. 13.50 pounds/liter

The diesel supplied to other industries costs 9500 pounds per ton per ton of diesel.

Car gas supply is 7 pounds/m3

Installing diesel fuel for electricity and food industries.

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