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Energy expert forecasts stable fuel prices in Jordan
Energy experts in Jordan attribute their expectations to the fact that fuel prices for the upcoming period are likely to remain stable or experience limited increases, amid the global rise in oil prices due to the escalation of military tensions in the region and challenges related to transport of supplies. It is anticipated that any potential increase could reach approximately 40 fils per liter for gasoline and 50 fils for diesel, with the government possibly stepping in to mitigate or cap the rise. Data confirms that oil prices are primarily linked to global market trends, and that regional tensions and maritime conflicts elevate transportation and insurance costs, which in turn affect the prices of petroleum derivatives in Jordan.
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