Following the latest announcement by the Ministry of Petroleum and Mineral Resources in its statement, which stated that following the increase in the prices of petroleum products and the establishment of prices for the whole year as a minimum and in response to the current local, regional and global circumstances, the government decided to establish the prices of petroleum products in the local market without any increase for at least a year:
1. continue the effort to operate the product.
2. In addition, the partners’ liability.
3. Trust in the incentive measures of the partners, which will significantly contribute to the increase in production and reduce the import bill, and guarantee the relative stability of the costs, and reduce the gap between them and the price of the sale.
Factors influencing gasoline prices
include the factors influencing the prices of petroleum products, the international price of a barrel of Brent crude, fluctuations in the exchange rate of the dollar against the Egyptian pound, and other fixed costs and expenses, which are adjusted in September of each year based on the trust of the budget of the previous fiscal year by the central accounting system.
تصحيل كوميني التصاير التلقائي الطلقة البطرولية
The committee for automatic sales of petroleum products is made up of representatives from the Ministry of Petroleum and Mineral Resources, the Ministry of Petroleum, and the Ministry of Finance, appointed by the special minister. This committee is responsible for monitoring the pricing equation on a quarterly basis, overseeing the implementation of the system, and making recommendations and proposals to ensure its good implementation.
equivalent of petroleum products
The price equation consists of three main elements that must be considered when determining the price of petroleum products in the local market:
1. international oil prices;
2. price of the American dollar;
3. Trading.
كيف تعليق التصاير التصاير التعليقة البطرولية التساعير الطلقة بطرولية?
In Egypt, the price of petroleum products is determined based on the main costs of its production. These factors are numerous, but the most important are three:
– international crude oil prices. The Egyptian government uses the price of crude oil to determine the global price for oil barrels.
– This is the price of only the pound against the dollar, which covers the cost of importing part of the petroleum products, or the costs of refining these products locally, which includes a part of the dollar.
– transportation and handling costs, which mainly relate to the cost of providing these petroleum products to citizens at fuel stations.
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