Egypt raises domestic fuel prices

Milaperetz
Jul 14, 2022

Egypt’s Ministry of Petroleum and Mineral Resources announced on Wednesday an increase in the prices of domestic fuel derivatives. “Egypt’s fuel pricing committee in a quarterly review raised domestic fuel prices by 0.50 Egyptian pounds (0.026 U.S. dollars) for 80-octane, 92-octane petrol and diesel, while 95-octane petrol was raised by 1 pound,” the ministry said

The decision was taken amid the decline of the Egyptian currency against the U.S. dollar and the rise in world oil prices and took effect 9 a.m. local time on Wednesday, applies till September 2022

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