اقتصاد

Oil derivatives prices for the month of June 2022

{clean_title}
Al-Anbat -

Al Anbat- Diana Al nobani

The Oil Derivatives Pricing Committee at the Ministry of Energy and Mineral Resources held its monthly meeting on Tuesday, May 31, to determine the prices of selling oil derivatives locally for the period from (1-30 next June), where the international prices of crude oil and oil derivatives were reviewed during the month of May and compared to their counterparts for the month of April, Where the difference between the local prices of oil derivatives, according to the actual cost for the month of June, and the local prices applied for the current month of May, is about 250 fils/liter for gasoline (octane 90) and about 270 fils/liter for gasoline (octane 95), and for diesel and kerosene is about 330 fils/liter.

It is worth noting that the prices of both types of gasoline remained fixed from the beginning of last February until the end of last April, when they were raised during the month of May by 35 fils only, while the prices of diesel and kerosene remained fixed from the beginning of November 2021 until the end of the month  Last April, where it was raised during the month of May by 35 fils only, despite the great increases that occurred in the prices of oil derivatives globally, in addition to the significant increase in import costs as a result of the high costs of shipping and the lack of supplies, and this led to a large gap  In the local price difference from the global.

However, under the direction of the government and in line with the policy of gradual lifting of subsidies on the prices of oil derivatives, the Derivatives Pricing Committee decided to raise the prices of gasoline (octane 95) next June by only 60 fils / liter in order to implement the pricing mechanism approved in accordance with the derivatives pricing equation  By the end of August 2022, the committee decided to raise the prices of gasoline (90 octane), diesel and kerosene next June by 35 fils/liter only, in order to implement the approved pricing mechanism according to the petroleum derivatives pricing equation by the end of 2022.

 This means the increase in the price of gasoline (octane 95) for the month of next June constituted (22%) of the actual cost difference, 14% for gasoline (octane 90) and 11% for diesel and kerosene.

Thus, the selling price of gasoline (octane 90) in June becomes 920 fils / liter instead of 885 fils / liter, and the price of gasoline (octane 95) becomes 1180 fils / liter instead of 1120 fils / liter, and the price of diesel and kerosene becomes 685 fils / liter Instead of 650 fils/liter, the gas cylinder price was kept at 7 dinars per cylinder, while its cost amounted to 11 dinars and 85 piasters.

It should be noted that the average price of Brent crude rose to 112.7 dollars per barrel in the current month of May, compared to 104.4 dollars per barrel recorded in last April.


 
جميع الحقوق محفوظة لصحيفة الأنباط © 2010 - 2021
لا مانع من الاقتباس وإعادة النشر شريطة ذكر المصدر ( الأنباط )