October gasoline and diesel price rise
The Oil Derivatives Pricing Committee in Jordan announced a 50-planet increase in the prices of both types of gasoline and diesel per liter, effective from October 1st, while the prices of kerosene and household gas cylinders remain fixed at 7 dinars. This move comes amid a significant rise in global oil prices due to geopolitical tensions, despite the government’s continued support and efforts to cushion the impact of these increases on citizens and the economy. The pricing of oil derivatives is based on the monthly average of global prices, but the government avoids passing the full extent of price hikes onto local consumers to reduce burdens, with total support amounting to approximately 255 million dinars since the start of the crisis. This approach is part of a gradual policy aimed at stabilizing the market and protecting consumers amid global uncertainties.
Notice: This Is an AI-Generated Summary
Comments (0)