Egypt’s Fuel Automatic Pricing Committee (FAPC) has decided to keep domestic petroleum product prices unchanged for the third quarter (Q3) of 2026, according to a statement on October 15.
FAPC said it took its decision after reviewing exchange rate movements and Brent crude prices during Q3 2026, compared with the previous quarter.
The committee added that the decision was also taken following reviewing domestic and international developments affecting its pricing formula, including global petroleum product prices and pricing measures implemented in previous periods.
On July 1, Prime Minister Mostafa Madbouly announced that the government would resume FAPC’s work in the first quarter of fiscal year 2026/2027, ending a temporary suspension of the quarterly fuel pricing mechanism.