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Source:
المصري اليوم
Gasoline and Diesel Price Outlook
Awaiting the Pricing Committee meeting in October, sources expect that gasoline and diesel prices in Egypt will increase by approximately 10% to 15%, due to the global rise in oil prices by around 50% and the government's burden of fuel subsidies. The Ministry of Petroleum officially denied any intention to change prices so far, reaffirming the continuation of current prices and the absence of any official decisions to raise petroleum product prices. As of today, gasoline prices were 20.75 Egyptian pounds per liter for 80 octane, 22.25 Egyptian pounds for 92 octane, and 24 Egyptian pounds for 95 octane, with subsidies on diesel and kerosene remaining at fixed prices.
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