Egypt's fuel market is bracing for the upcoming meeting of the automatic pricing committee for petroleum products. The committee is set to review the current prices of gasoline, diesel, and other petroleum products. This development comes as global energy markets experience significant movements, with Brent crude oil prices surpassing $103 per barrel.
As of now, Egypt's fuel prices have not seen any changes. The Ministry of Petroleum and Mineral Wealth confirmed in a statement on Thursday, September 24, 2026, that the pricing committee had not convened up to that point. The ministry also denied any new decisions regarding fuel prices, stating that rumors circulating on social media about price adjustments were unfounded and lacked official basis.
The current prices of fuel in Egypt are as follows: The price of 95-octane gasoline stands at 24 pounds per liter. Diesel, a crucial fuel for both the transportation sector and industrial activities, is priced at 20.50 pounds per liter. These prices have been in effect and are being closely monitored by consumers and stakeholders alike, especially with the impending committee meeting.
In addition to gasoline and diesel, other petroleum products also have set prices. The 12.5 kg household butane gas cylinder costs 275 pounds, while the 25 kg cylinder is priced at 550 pounds. The price for refueling cars with gas is 13 pounds per cubic meter. These prices are critical for various segments of the Egyptian population, including households and the transportation sector.
The prices for other types of gasoline are also fixed: 80-octane gasoline is priced at 20.75 pounds per liter, and 92-octane gasoline costs 22.25 pounds per liter. These prices are significant for consumers who use different types of vehicles that require specific gasoline grades.
The automatic pricing committee's meeting is highly anticipated as it may lead to adjustments in fuel prices. Such adjustments could have a ripple effect on the economy, influencing transportation costs, industrial production expenses, and ultimately, the cost of living for Egyptian citizens. The global energy landscape, marked by fluctuations in oil prices, adds a layer of complexity to the committee's decision-making process.
As Egypt continues to navigate its economic challenges, the role of the pricing committee becomes increasingly important. The committee's decisions on fuel prices will be closely watched by both the public and economic analysts. Any changes in fuel prices are likely to impact various sectors of the economy and could influence the government's broader economic policies.
Key points
- Egypt's fuel prices are set to be reviewed by the automatic pricing committee amid global energy price fluctuations.
- The current prices of fuel in Egypt are as follows: 95-octane gasoline at 24 pounds per liter, diesel at 20.50 pounds per liter.
- The pricing committee's decision could have significant economic implications, affecting transportation, industry, and the overall cost of living.
