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Gasoline Prices Likely Stable in September
An informed source expects the prices of 90 and 95 octane gasoline to remain stable throughout September, despite the global increase in oil and petroleum product prices. This is aimed at easing the impact of the rise on consumers and allowing the treasury to absorb the resulting differences. Regarding diesel, its prices have increased globally due to reduced supply. Locally, its price is about 85 fils compared to approximately 1.12 dinars worldwide, with an estimated difference of around 26 fils. This is attributed to decreased refinery production in Russia, reduced supplies from the Gulf, and ongoing pressures on crude oil.
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