Egypt Keeps Fuel Prices Unchanged for Q4 2022

Egypt Keeps Fuel Prices Unchanged for Q4 2022

The Egyptian Fuel Automatic Pricing Committee decided to keep the prices of fuels and petroleum products within the domestic market unchanged for Q4 2022, according to a press release.

The committee said that this decision came after studying the global economic conditions and their impact on the oil market, the repercussions of the Russian-Ukrainian war, which led to the fluctuation of Brent crude prices, and after reviewing the exchange rate.

The prices per liter for the fourth quarter will be as follows; octane 80 at EGP 8.00; octane 92 at EGP 9.25; and octane 95 at EGP 10.75 per liter. As for diesel fuel, its price remains at EGP 7.25 per liter. The price of industrial-use mazut remains at EGP 5000 per ton.

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