AMMAN — The
government is expected to raise fuel prices at the end of this month, according
to energy expert
Amer Al-Shobaki, a move that is bound to spark discontent,
given that fuel prices are dropping globally.
اضافة اعلان
At the beginning
of November, the government lowered the octane 95 and octane 90 gasoline by 150
fils, and raised the price of kerosene and diesel by 350 fils.
Shobaki said that
a rise would be difficult for citizens to bear, especially now that it is
winter, and that “over the past seven months the price of diesel and kerosene
has been hiked seven times”.
“The government
is expected to raise the price of octane 90 by 150 fils per liter, of octane 95
gasoline by 250 fils per liter, and of diesel by 350 fils per liter,” he said.
He also said that
the Cabinet is discussing the probability of fixing the price of diesel and
kerosene, or of kerosene alone.
The Pricing
Committee adjusts prices, adding the special fixed tax and other costs after
calculating the global average daily prices of refined derivatives for a full
month, on the last day of each month.
Energy expert
Hashem Aqel told
Jordan News that news about increasing fuel prices
circulated last week as oil price started to drop, explaining that “the prices
of oil derivatives do not drop the moment oil prices fall”.
He said he could
not say whether oil prices will go up, “but I tend to believe that prices will
be fixed due to the decreases in the past two weeks”.
“Next week will
witness more declines in oil prices, due to the closures in China and the
decline in demand,” he added.
According to
Aqel, however, by the end of this month, diesel prices will go up due to the
differences between the local and international prices.
“The increase in
the price of diesel is certain, but with regard to other oil derivatives, I
believe that the government is moving maintaining the price,” he said.
It is only
possible to determine the price of oil toward the end of this month, “as the
government, the
Ministry of Energy and Mineral Resources, and the Energy and
Minerals Regulatory Commission monitor the prices of oil derivatives until the
last day of the month”.
“The decision to
put price caps, review the flat tax, and move to electric cars, which save 80
percent of the gasoline bill, is local, not global,” he said.
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