Fuel prices in Qatar for the month of May 2023 are witnessing a stabilization of gasoline prices again, after the decline in the price of premium gasoline in April.
Qatar Energy Company announced, on its official page on the social networking site TwitterToday, Sunday, April 30, 2023, the prices of gasoline and diesel, which are scheduled to be implemented, starting tomorrow, Monday, May 1.
Fuel prices in Qatar witnessed, during the month of April, a slight movement, after stabilizing last March, according to the data seen by the specialized energy platform.
Fuel prices in Qatar for the month of May 2023
The largest energy company in the country decided to fix fuel prices in Qatar for the month of May 2023, without moving prices, in conjunction with the decline in average global oil prices, during the current month.
It is scheduled to apply fuel prices in Qatar for the month of May 2023, starting tomorrow, Monday, as follows:
Fixing the price of a liter of diesel at 2.05 riyals.
Fixing the price of a liter of 95 “super” gasoline at 2.10 riyals.
Fixing the price of “excellent” 91-octane gasoline at 1.95 riyals.
(Qatari riyal = 0.27 USD)
It is noteworthy that fuel prices in Qatar are set through a committee that includes the Qatar Energy Company, and members of the Ministries of Energy, Finance, Economy, Industry, Trade, Development Planning and Statistics. Where it studies fuel prices and links them to international prices, and takes into account the conditions and social dimensions of citizens.
Gasoline prices in Qatar
Qatar is one of the Arab countries with the lowest prices for gasoline, after Egypt, Algeria and Libya, according to a survey and statistics prepared by the specialized energy platform.
The country is working to maintain the stability of gasoline prices, at a time when the past year 2022 witnessed a major imbalance in crude oil prices after the Russian invasion of Ukraine, which caused crude prices to rise to $140 per barrel of Brent crude.
The current stability in fuel prices in Qatar is the third, during the current year 2023, after prices moved last March for 91-octane gasoline, which is the most used in the country.
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