Qatar Cuts Petrol Prices, Despite Crisis

Published June 28th, 2017 - 10:56 GMT
Qatar reduces the price of petrol and diesel in July. (File photo)
Qatar reduces the price of petrol and diesel in July. (File photo)

The Qatari Ministry of Energy and Industry has decided to cut the price of premium grade petrol and diesel in July. The price of super grade petrol will remain the same as that of June.

According to the new price list issued by the ministry premium grade petrol will cost QR1.55 from July, which is 5 dirhams less than June price.

Super remains the same as June at QR1.65 and diesel will cost QR1.50 in July, which is  5 dirhams less than June price.

In June Ministry had reduced the price for super and diesel by 5 dirhams.

In May and April, the ministry had not changed the price of super and premium grade petrol.

The ministry posted the prices on its website in line with the decision to review fuel prices every month, based on international prices.

The ministry announced in April 2016, that it will start pegging the fuel prices to the international market.

When the first list was announced in June 2016 the premium petrol was QR1.20 per litre and super was QR1.30 per litre. In June 2016, diesel was QR1.40 per litre.

 


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