Government hikes fuel prices for October

Economy

Published: 2019-09-30 16:22

Last Updated: 2019-09-30 16:55


Government hikes fuel prices for October
Government hikes fuel prices for October
Roya News Source

Fuel Pricing Committee at the Ministry of Energy and Mineral Resources decided to increase fuel prices for October.

During its regular meeting, the Committee reviewed the prices of international oil derivatives and Brent crude during September and compared them to the prices last August, where a remarkable increase was noticed.

The price of 90-octane gasoline will be increased by 15 fils to 770 fils per liter instead of 755 fils per liter, while 95-octane gasoline will be raised by 20 fils to 1005 fils per liter instead of 985.

Diesel and kerosene prices will jump from 590 fils/liter to 605 fils per liter by 15 fils.

Prices of gas cylinders will remain unchanged at JD7.

Brent crude prices had risen from JD 41.9019 ($59.1) a barrel in August to JD 44.5961 ($62.9) during September.