Aqil warns Jafra of November fuel increases
Oil and energy expert Hashim Akel expects a new increase in fuel prices in Jordan due to the global crude oil price reaching around $110 per barrel. This situation intensifies the pressure on the costs of importing petroleum derivatives. These forecasts come after a series of previous increases and adjustments in fuel prices over the past months. In June, the government decided to raise the diesel price by 60 fils per liter and kept the prices of gasoline and kerosene stable. Then, in October, it increased the prices of gasoline and diesel by 50 fils, while the price of kerosene and gas cylinders remained stable. The local pricing is based on the average international prices over the previous thirty days, with the government absorbing part of the differences to mitigate the impact on citizens and industries. Jordanians continue to anticipate the upcoming pricing announcements amid ongoing fluctuations in the global energy market.
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