The Petroleum Products Automatic Pricing Committee announced on Friday of increasing the price of all types of gasoline by 25 piasters and fixed diesel prices. Before issuing the decision, the committee reviewed the average prices of Brent crude in the global market and the exchange rate of the US dollar against the Egyptian pound. These are the most important determinants of the cost of petroleum products in the local market. The Automatic Pricing Committee for Petroleum Products, which is concerned with amending petroleum products prices depending on international prices, raised the prices of the three types of gasoline products in Egypt, starting 9 am, on Friday, for April, May and June
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