New declines in fuel prices in January

Today, the websites of fuel distribution companies revealed that the prices of gasoline and its derivatives “Super 98”, “Special 95”, and “I Plus 91” recorded decreases in their indices as of the first of next January, with a value of 13 fils per liter, while The price of a liter of diesel recorded a decrease of 21 fils compared to the prices of the current month of December, according to the prices approved by the Follow-up Committee on fuel prices of all kinds, including value-added tax of 5%.

The price of a liter of “Super 98” gasoline, as of the beginning of January, decreased from 2.77 dirhams previously, to 2.65 dirhams, a decrease of 12 fils, while the price of a liter of “Special 95” gasoline decreased from 2.66 dirhams, to 2.53 dirhams, down 13 fils, while the price of a liter of gasoline "iPlus 91" decreased from 2.58 dirhams to 2.46 dirhams, a decrease of 12 fils.

The price of a liter of diesel is down from 2.77 dirhams per liter previously, to 2.56 dirhams, a decrease of 21 fils.

It is noteworthy that the fuel price standards adopted by the Ministry of Energy and Industry are determined on a monthly basis, according to the average world oil prices, up or down, after adding the operating costs of the distribution companies.

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