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Historic Gasoline Hike
The Petroleum Derivatives Pricing Committee announced fuel prices effective November 1: diesel will remain at 900 fils per liter and kerosene at 550 fils, while 90-octane gasoline will rise by 30 fils to 1,080 fils and 95-octane gasoline by 15 fils to 1,375 fils per liter. The price of a household gas cylinder will remain at 7 dinars. The committee said the government continues to absorb the difference between actual costs and retail prices. Total subsidies and price differences since the start of the crisis reached about 290 million dinars by the end of October. Prices are set according to the average global prices over the preceding 30 days and reviewed monthly to reflect changes.
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