We present to you through our gasoline prices today after the decision to raise prices for fuel starting from tomorrow, in light of the direction of the committee responsible for following up the prices of gasoline in Egypt at the conference held and scheduled for it in the first week of April, as Egyptian citizens await in the coming period the third actual application of the mechanism New automatic pricing of petroleum products after the announcement of the Council of Ministers to reduce the price of gasoline products by 25 piasters early October last year.
Gasoline prices today
The committee concerned with following up the prices of petroleum products will announce the prices of new petrol for petroleum products during the first week of next April for a period of 3 coming months starting from April to the end of June 2020, and many newspapers have reported news that the committee is actually going to reduce the prices of petroleum products at a rate of 10% of current prices, due to the decline in Brent crude prices starting in 2020.
Where the price equation is related to the average price of Brent crude and the exchange rate, unlike other burdens and taxes, and marketing customs, which include transport, storage, refining fees, granted categories, and others.
Petroleum Product Pricing Committee
It is noteworthy that the committee for automatic pricing of petroleum products in Egypt interested in reviewing and setting the selling prices of some petroleum products on a quarterly basis decided to fix the selling price of gasoline products of all three types in the local market, and the prices of gasoline today came as follows:
The price of a liter of petrol 80 records 6.5 pounds.
The price of a liter of Brisbane 92 is 7.75 pounds.
The price of a liter of gasoline 95 records 8.75 pounds.
The price of selling a liter of diesel is 6.75 pounds per liter.
The price of selling diesel fuel tons for non-electricity and bakeries uses 4250 pounds per ton.