Stabilizing the price of kerosene and reducing the prices of diesel and gasoline of both types (90 and 95)

  Al-Anbat -Raghad Saad

The Oil Derivatives Pricing Committee held on Friday, its monthly meeting to determine the prices of selling oil derivatives locally for the period from (1-30 next April), when the international prices of crude oil and oil derivatives were reviewed during the month of March and compared with their counterparts for the month of February. 

After applying the price equation according to international prices, up and down on all oil derivatives, it was found that the price of diesel decreased by 25 fils per liter and the price of gasoline of both types decreased by 5 fils.

Accordingly, the committee decided to reduce the selling price of diesel to 785 fils per liter instead of 810 fils per liter, and to reduce the price of 90-octane gasoline to 940 fils per liter instead of 945 fils per liter, and the price of 95-octane gasoline to 1180 fils per liter instead of 1185 fils per liter. 

The committee also decided to fix the price of kerosene for the month of April at 620 fils per liter, based on the royal directives, and to keep the price of a gas cylinder at 7 dinars per cylinder.