Egypt keeps fuel prices steady
The Automatic Pricing Committee for Petroleum Products in Egypt has decided to keep the prices of gasoline and diesel unchanged, following a review of economic developments and global markets during the third quarter of 2026. This review considered changes in the price of Brent crude oil and the exchange rate of the Egyptian pound against foreign currencies. The decision was based on studying the pricing formula, which relies on indicators such as global oil prices and exchange rate movements, with the aim of maintaining price stability and avoiding additional burdens on citizens. This step is part of the committee’s policy for periodic review, designed to link pricing decisions to economic variables, with current prices remaining stable for now, and future adjustments remaining possible depending on subsequent developments.
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