The Automatic Pricing Committee for Petroleum Products published the rates for selling some petroleum products on a quarterly basis on October 22, 2022.
The committee decided to install the price of selling gasoline products of its three types in the local market at 8. 00 pounds per liter for gasoline 80 and at 9. 25 pounds per liter for gasoline 92 and at 10. 75 pounds per liter for gasoline 95 and at 7.
25 pence per litre, with a tonne of diesel selling for 5,000 pence per tonne for use in bakeries and electricity.
Selling a tonne of diesel for 5,000 pounds was the going rate for uses besides electricity and bakeries.
It is noteworthy that the automatic pricing committee for petroleum products decided to fix the price of selling gasoline products of its three types in the local market at 8. 00 pounds per liter for gasoline 80 and at 9.
25 pounds per litre for gasoline grade 92, 10.75 pounds per litre for gasoline grade 95, 7.25 pounds per litre for diesel, and 5000 pounds per tonne for the cost of selling non-electricity and bakeries.
It is worth noting that the Central Bank of Egypt announced last October 27 to raise the interest rate in the decision of the Monetary Policy Committee at an exceptional meeting, in which it raised the price of the return and lending for one night and the price of the main operation of the Central Bank by 200 basis points to 13. 25%, 14. 25% and 13. 75 % Respectively..
Today’s gasoline prices, Sunday, June 11, 2022
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