Fuel prices in Egypt to soon be fixed

Egypt’s general public is closely following the decision of the Petroleum Products Automatic Pricing Committee regarding fuel prices including gasoline, diesel and fuel derivatives for the first quarter of 2023.

Citizens questioned expectations about fuel prices on social media, following large waves of inflation that have been affecting the Egyptian economy recently – as is the case globally.

Petroleum expert Medhat Youssef, former vice president of the Egyptian General Petroleum Corporation, told Al-Masry Al-Youm that the committee is expected to stabilize the prices of gasoline, diesel and other fuel derivatives.