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Gulf Press > Gulf > Qatar > Price hike expected for premium gasoline in January 2025
Qatar

Price hike expected for premium gasoline in January 2025

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Last updated: 2024/12/31 at 2:00 PM
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QatarEnergy has recently announced the fuel prices for the month of January 2025 in Doha, Qatar. The prices for Premium-grade petrol have increased, while Super-grade petrol and diesel prices remain unchanged. Premium petrol will now be priced at QR2 per litre, up from QR1.90 in the previous month, while Super-grade petrol will cost QR2.10 per litre in January.

On the other hand, the price of diesel will remain the same at QR2.05 per litre. This announcement follows the Ministry of Energy and Industry’s decision to peg fuel prices to the international market, with QatarEnergy taking over the responsibility of announcing the monthly price list since September 2017.

The decision to adjust fuel prices based on the international market aims to ensure transparency and fairness in pricing. By aligning local fuel prices with global trends, Qatar can maintain stability in its fuel market and ensure that consumers are not overcharged for petrol and diesel.

As prices of Premium-grade petrol rise in January, consumers may need to adjust their budgets accordingly. However, the consistent prices of Super-grade petrol and diesel provide some stability for consumers who rely on these types of fuel for their vehicles and everyday needs.

With the global fuel market constantly changing, it is essential for Qatar to monitor and adjust its fuel prices accordingly. By staying competitive and responsive to market fluctuations, Qatar can continue to provide reliable and fairly priced fuel options for its residents and businesses.

In conclusion, the announcement of fuel prices for January 2025 by QatarEnergy reflects the ongoing efforts to align local prices with international market trends. With Premium-grade petrol prices increasing, consumers will need to adapt to these changes, while the unchanged prices of Super-grade petrol and diesel provide some stability. By pegging fuel prices to the global market, Qatar aims to maintain transparency and fairness in its fuel pricing system, ultimately benefiting consumers in the long run.

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News Room December 31, 2024
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