The Ministry of Energy and Mineral Resources released its weekly bulletin on oil derivatives and Brent crude prices in global reference markets for the second week of December, showing a decline in most petroleum product prices, while liquefied petroleum gas (LPG) recorded a notable increase.
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The bulletin indicated that the average price of 95-octane gasoline in the second week of December reached $680 per ton, compared to $693 per ton in the first week, marking a decrease of 1.9%.
Similarly, the average price of 90-octane gasoline fell to $662 per ton in the second week from $674 per ton in the first week, a drop of about 1.8%.
Diesel prices declined from $615 per ton in the first week to $598 per ton in the second week, a decrease of approximately 2.8%.
Kerosene prices fell from $676 to $656 per ton, a decline of around 3%.
The average price of heavy fuel oil decreased slightly from $337 to $334 per ton, a drop of about 0.9%.
In contrast, the average price of LPG rose from $464 per ton in the second week of November to $488 per ton in the first week of December, an increase of roughly 5.2%.
Brent crude prices also declined, with the average price falling to $63 per barrel in the second week of December, compared to $64 per barrel in the first week, a decrease of about 1.6%.