Home Business Sudan raises fuel prices for the second time in a month

Sudan raises fuel prices for the second time in a month

Sudan raised fuel prices for the second time this month, bringing the price of gasoline to 672 pounds ($ 1.51) per liter from 542 pounds, according to announced prices. in a gas station in the capital, according to Reuters.

At the beginning of questThere have been frequent increases in fuel prices during the year, with Sudan finalizing a process of phasing out fuel subsidies, which now aims to implement global prices.

Oil prices have closed in bullish, in trading on Friday, but recorded their second consecutive weekly loss after a week of volatile trading, amid difficulties in finding an alternative to Russian oil in a market that suffers from shortages.

THE future on Brent crude oil they closed in rise of $ 1.29, or 1.2%, to $ 107.93 a barrel, one day after rising about 9% in the largest daily percentage increase since mid-2020.

THE future on US West Texas Intermediate crude oil closed at $ 1.72, or 1.7%, at $ 104.70 a barrel, adding an 8% jump in the previous session.

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