Fuel price hikes in June

Today, the fuel price follow-up committee in the country approved new increases, including an increase in the prices of gasoline, "gasoline" and its derivatives "Super 98", "Special 95", starting from the first of next June, with a value ranging between 48 and 49 fils per liter, while the price of a liter was recorded. Diesel increased by six fils compared to the prices of this month, according to the prices approved by the committee, including value-added tax at a rate of 5%.

The price of a liter of “Super 98” gasoline, as of the beginning of June, increased from 3.66 dirhams previously, to 4.15 dirhams, an increase of 49 fils, while the price of a liter of “Special 95” gasoline increased from 3.55 dirhams, to 4.03 AED, with an increase of 48 fils.

The price of a liter of diesel increases from 4.08 dirhams per liter previously, to 4.14 dirhams, an increase of six fils.

It is noteworthy that the fuel price standards adopted by the Ministry of Energy 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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