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Fuel prices expected to stay steady next month

Fuel prices expected to stay steady next month

Energy expert Hashem Aql forecasts an increase in fuel prices in Jordan during the upcoming pricing period, due to the rise in global oil prices resulting from military tensions in the Middle East and higher shipping and insurance costs. It is expected that the price of both types of gasoline (90 and 95 octane) will go up by around 40 fils per liter, while diesel prices might increase between 45 and 50 fils if current price levels persist. The expert indicated that the government may intervene to reduce or stabilize the increase in order to lessen the living burdens on citizens, amid anticipation of the announcement of fuel derivative prices.

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