Tags
Petrol prices in Qatar will go up by Dh5 a litre next month while there will not be any change in the diesel price in August, shows an announcement by the Ministry of Energy & Industry.
According to the Ministry of Energy & Industry, the 91-octane Premium gasoline will cost QR1.35/litre (QR1.3 now) and Super QR1.45 (QR1.4) in August.
The current price for this month QR1.3 (Premium) and QR1.4 (Super) will be in effect until July 31.
Diesel, however, will remain unchanged at QR1.4/litre in August.
Fuel prices in Qatar were allowed to fluctuate in response to changes in the global market from May 1.
Every month, a special committee comprising representatives from various government bodies, would review fuel prices (gasoline and diesel) and make recommendations on proposed prices for the local market accordingly.
The monthly revision in local fuel prices followed the governrment’s decision on fuel subsidy reforms in Qatar.
A BMI Research analyst told Gulf Times yesterday that “similar to what has happened in the rest of the Gulf (GCC) since the start of the year, we expect to see inflation increasing on the back of subsidy cuts.”
BMI Research, a Fitch Group company, forecasts Qatar’s annual inflation to average 2.9% in 2016. But it still remains low compared to the double-digit inflation Qatar witnessed a few years ago.
There are no comments.
SPORT Saying goodbye is never easy, especially when you are saying farewell to those that have left a positive impression. That was the case earlier this month when Canada hosted Mexico in a friendly at BC Place stadium in Vancouver.
TECHNOLOGY Some 60mn primary-school-age children have no access to formal education
CULTURE Lekhwiya’s El Arabi scores the equaliser after Tresor is sent off; Tabata, al-Harazi score for QSL champions
ARABIA The Yemeni Minister of Tourism, Dr Mohamed Abdul Majid Qubati, yesterday expressed hope that the 48-hour ceasefire in Yemen declared by the Command of Coalition Forces on Saturday will be maintained in order to lift the siege imposed on Taz City and ease the entry of humanitarian aid to the besieged
ARABIA Some 200 teachers from schools across the country attended Qatar Museum’s (QM) first ever Teachers Council at the Museum of Islamic Art (MIA) yesterday.
ARABIA The Supreme Judiciary Council (SJC) of Qatar and the Indonesian Supreme Court (SCI) have signed a Memorandum of Understanding (MoU) on judicial co-operation, it was announced yesterday.
ECONOMY Sri Lanka is keen on importing liquefied natural gas (LNG) from Qatar as part of government policy to shift to clean energy, Minister of City Planning and Water Supply Rauff Hakeem has said.
