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الدستور
Reasons for delayed gas price decline
Oil expert Hashim Aqal confirmed that the delayed decline in gasoline prices compared to the drop in crude oil prices is normal and attributed to the production, refining, and storage cycle that influences pricing. It takes from one to four weeks for a decrease in oil prices to reflect on gasoline prices, due to the existence of prior stockpiles and prices of previously shipped refined products. Prices are primarily affected by the monthly rate rather than daily fluctuations.
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