Government hikes fuel prices in October
The Oil Derivatives Pricing Committee announced the stabilization of fuel prices effective October 1st, following a slight increase due to rising global oil prices in September. Gasoline and diesel prices were raised by 50 fils per liter, while support for kerosene and household gas cylinders continues. Despite the global rise, local prices depend on the average global prices over the previous thirty days and remain below the actual costs of oil derivatives, which in October's pricing stand at approximately 1077.32 fils per liter for diesel, 1111.68 fils for 90-octane gasoline, and 1360.08 fils for 95-octane gasoline. The government has provided support totaling nearly 255 million dinars since the start of the crisis, aiming to reduce volatility and ensure stability for citizens and economic sectors.
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