Energy Ministry: Global Drop in Oil Derivatives Prices

Prices of oil derivatives in global markets have decreased during the second week of April compared to their levels in the first week of the same month, according to the weekly bulletin issued by the Ministry of Energy and Mineral Resources.اضافة اعلان

According to the bulletin, the average price of 95-octane gasoline dropped from $690 per ton to $619, a 10% decrease. Similarly, 90-octane gasoline fell from $674 to $604 per ton, also a 10% decline.

Diesel prices dropped from $611 to $562 per ton, a decrease of 8%, while kerosene fell from $647 to $594, down 8% as well. Fuel oil declined from $432 to $396 per ton, an 8% drop.

Meanwhile, the average price of liquefied petroleum gas (LPG) in April remained steady at $608 per ton, the same as in March. Additionally, the average price of Brent crude oil fell from $72 to $65 per barrel.