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الحقيقة الدولية
September fuel price forecast
It is expected that the prices of 90 and 95 octane gasoline will remain unchanged throughout September, despite the global increase in oil and petroleum product prices. The government prefers to keep the prices stable to absorb the differences caused by the global rise and to reduce its impact on consumers. Meanwhile, the local diesel price has reached approximately 85 piastres, compared to about 1.12 dinars globally, with a difference of around 26 piastres. The disruption in fuel supplies in the markets is attributed to reduced production at Russian refineries and decreased quantities of petroleum products from the Gulf, amid ongoing pressures on crude oil supply. The key factor in determining fuel prices during September will be the developments in global oil prices.
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