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Wed, 06-01-2021
22:04
Egyptians
The Petroleum Products Automatic Pricing Committee, anxious to review and determine the selling prices of certain petroleum products on a quarterly basis, decided at its last meeting, held after the end of last December, to set the selling price of petroleum products. petroleum products in the local market and to maintain current prices in effect for the first quarter (January-March 2021) in order to price stability in the local market in light of the current circumstances of the Corona pandemic.
The prices were as follows: the price of gasoline 80 for 6.25 pounds per liter, the price of gasoline 92 for 7.50 pounds per liter, the price of gasoline 95 was 8.50 pounds per liter. liter, the price of a liter of diesel was 6.75 pounds, the price of selling a ton of diesel for non-electric use and bakeries at 3,900 pounds. 65 lb domestic cooker cylinder.
The committee said in a statement today that the decision was taken to preserve price stability in the local market in light of the current circumstances of the emerging Corona virus pandemic.
The Fuel Pricing Committee, which includes representatives from the ministries of petroleum and finance, relies on its decision to measure the level of international petroleum prices, exchange rates, transportation, operating and fuel costs. production, and meets quarterly to review fuel prices and push them up or down by 10% or stabilize them.
The committee had set the prices for the three types of gasoline during the three months (October to December) 2020, with the selling price of the three types of gasoline being held at 6.25 pounds ($ 0.4) per liter of gasoline 80 and at 7.50 pounds ($ 0.41) per liter of gasoline 92. And 8.50 pounds ($ 0.54) per liter of gasoline 95, and the selling price of diesel 6 , 75 pounds per liter, depending on the evolution that occurs at the two main determinants, which are the overall price of a barrel of Brent, and the variation in the price of the dollar against the Egyptian pound, in addition to charges and other fixed costs .
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