KHARTOUM, Aug. 6 (Xinhua) — The Sudanese government has announced an adjustment in fuel prices, the official SUNA news agency reported on Sunday.
The Sudanese Ministry of Energy and Petroleum instructed the fuel service stations to raise the price of gasoline to 630 Sudanese pounds (1.05 U.S. dollars) per liter from the previous 590 pounds, the report said.
The price of benzene per liter rose to 590 pounds from 582 pounds, it added.
The ministry said the amendment comes as part of its policy of reviewing fuel prices in line with the international prices of oil products.
The Sudanese government has made an announcement regarding a change in fuel prices, according to the official SUNA news agency. The Sudanese Ministry of Energy and Petroleum has instructed fuel service stations to increase the price of gasoline from 590 pounds per liter to 630 pounds per liter. Similarly, the price of benzene per liter has risen from 582 pounds to 590 pounds.
This adjustment in fuel prices is in line with the ministry’s policy of regularly reviewing and aligning fuel prices with international rates of oil products. By taking into account the global prices of oil products, the Sudanese government aims to ensure fair and competitive fuel prices within the country.
This price adjustment is expected to have an impact on both consumers and businesses, as higher fuel prices may result in increased transportation and production costs. However, it is vital for the government to periodically assess and adjust fuel prices to ensure that they are in line with global trends and market conditions.
The government’s decision to increase fuel prices reflects the ongoing challenges and fluctuations in the global oil market. As oil prices rise or fall internationally, it becomes necessary for countries like Sudan to make adjustments to their local prices to maintain a stable and sustainable fuel market.
It remains to be seen how this change in fuel prices will affect the Sudanese economy and its citizens. As fuel is a crucial commodity that impacts various sectors, such as transportation, agriculture, and manufacturing, any changes in fuel prices can have wide-ranging consequences. The government will need to closely monitor the effects of this adjustment and take necessary actions to mitigate any negative impact on the economy and welfare of the people.
In conclusion, the Sudanese government’s decision to adjust fuel prices is a result of their policy to align them with international oil prices. By regularly evaluating and revising fuel prices, the government aims to maintain a fair and competitive fuel market, while addressing the challenges posed by global oil market fluctuations.
Credit: The Star : News Feed
