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18 April 2024

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Price of gasoline to drop by more than two piasters in August

30-07-2023 02:56 PM


Ammon News - Hashim Akl, an oil expert, suggested that fuel prices will rise next month by varying rates between 1.8% and 6%, due to the rise in Brent crude prices to $85 in the last part of the month.

In a statement to Ammon, Akel said that these increases were reflected in the prices of oil derivatives, expecting an increase in the price of a liter of 90-octane gasoline by 2.5%, which is equivalent to JD0.230, and an increase in the price of a liter of 95-octane gasoline by 1.8%, which is equivalent to JD0.250, while the price of a liter of diesel will rise by 6%, i.e. Equivalent to JD0.400.

He added that the reason for these rises is the increase in Chinese demand and the voluntary Saudi-Russian production cut of 1.5 million barrels per day.




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