He favored a government source familiar with, to see the basic prices of oil derivatives, gasoline (90-95 octane) and diesel and kerosene, a rise in prices for the month of April next year at rates ranging between 8-11%, and install the gas cylinder price at its current price.
The source said the gasoline octane prices of 90-95 will see an increase, according to indexes nearly 8%, while kerosene prices will rise and diesel almost 11%, as a result of rising global oil prices 21% during the current month, adding that a committee of government pricing will meet on Thursday to approve the lifting rates officially.
The source added that the rest of the items the prices will rise at rates ranging between 12-16%, especially derivatives is essential and which are subject to pricing by the Commission.
He pointed out that the sale of oil derivatives price be increased by the rate of each of the world price of each article of the petroleum products for a period of 30 days preceding the date on the announcement of prices and advertised by publication Platts, plus all costs for the delivery of the product of the global market to the consumer, including the special tax by 6 % and fees increased by six per thousand stamp.
It saw oil futures rose 3% Wednesday, tracking stocks on Wall Street supported by the falling dollar and ahead of the release of US government data is less likely to show an increase in crude stocks last week.
Jumped International benchmark Brent crude of $ 1.21 to $ 40.35 a barrel, while US crude rose $ 1.30 to $ 39.58 a barrel
The pricing committee in the Ministry of Energy and Mineral Resources, which is headed by general secretary of the ministry and membership of the secretary-general of the Ministry of Finance and the Secretary General of the Ministry of Industry and Trade, and under the supervision of the chairman of the Energy Committee in the House of Representatives, to identify the new prices of petroleum products the end of each month based on a review of the international prices of petroleum products .
The government has installed fuel prices installs the prices of a number of petroleum products, including gasoline octane both types (90 and 95) and the subjects of diesel and kerosene and domestic gas for the current month of March, based on the decision of the petroleum products pricing.
The source said the gasoline octane prices of 90-95 will see an increase, according to indexes nearly 8%, while kerosene prices will rise and diesel almost 11%, as a result of rising global oil prices 21% during the current month, adding that a committee of government pricing will meet on Thursday to approve the lifting rates officially.
The source added that the rest of the items the prices will rise at rates ranging between 12-16%, especially derivatives is essential and which are subject to pricing by the Commission.
He pointed out that the sale of oil derivatives price be increased by the rate of each of the world price of each article of the petroleum products for a period of 30 days preceding the date on the announcement of prices and advertised by publication Platts, plus all costs for the delivery of the product of the global market to the consumer, including the special tax by 6 % and fees increased by six per thousand stamp.
It saw oil futures rose 3% Wednesday, tracking stocks on Wall Street supported by the falling dollar and ahead of the release of US government data is less likely to show an increase in crude stocks last week.
Jumped International benchmark Brent crude of $ 1.21 to $ 40.35 a barrel, while US crude rose $ 1.30 to $ 39.58 a barrel
The pricing committee in the Ministry of Energy and Mineral Resources, which is headed by general secretary of the ministry and membership of the secretary-general of the Ministry of Finance and the Secretary General of the Ministry of Industry and Trade, and under the supervision of the chairman of the Energy Committee in the House of Representatives, to identify the new prices of petroleum products the end of each month based on a review of the international prices of petroleum products .
The government has installed fuel prices installs the prices of a number of petroleum products, including gasoline octane both types (90 and 95) and the subjects of diesel and kerosene and domestic gas for the current month of March, based on the decision of the petroleum products pricing.
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