Fuel prices barely decreased, expert calls for tax review

(File photo: Ameer Khalifeh/Jordan News)
AMMAN — Fahad Al-Fayez, President of the Fuel Stations Owners Association and an energy expert, expressed his dissatisfaction with the recent reduction in fuel prices, stating that the increase was very minimal compared to the global decline, specifically citing both 90 and 95 octane. اضافة اعلان

Fayez highlighted that reduction percentage was less than 1.5 percent in the Kingdom, while in contrast, fuel prices globally experience a decrease of 2 percent, Jo24 reported. He also mentioned that diesel prices have dropped 5 percent globally.

He called on the government to reconsider the fixed tax imposed on 90 octane, which amounts to 37.5 piasters and the most common type of fuel consumed in the Kingdom. He added that adjusting the tax would enable citizens to truly feel the decrease in prices. 

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