Browsing 'cost of living' News

Boegh/Flickr

Photo for illustrative purposes only.

Petrol prices in Qatar will fall slightly in June, the Ministry of Energy and Industry (MEI) has announced.

Premium petrol (91-octane) will continue to cost QR1.60/liter. But Super (95-octane) fuel will be QR1.65/liter, down from QR1.70 currently.

Additionally, the cost of diesel will fall five dirhams to QR1.55/liter.

Ministry of Energy and Industry

Fuel prices

Though the drop is marginal, June is the first month in 2017 that fuel prices are actually going down.

Before that, they held steady for two months, following five consecutive months of increases, from November 2016 to March 2017.

The drop will likely come as a relief to motorists.

Since Qatar first began fluctuating petrol prices a year ago, they have increased more than 30 percent.

Thoughts?

Pixabay

Photo for illustrative purposes only.

Petrol prices in Qatar will remain unchanged next month, government officials have announced.

For the second month in a row, premium petrol (91-octane) will cost QR1.60/liter in May.

And 95-octane super gasoline will also remain at the current prices of QR1.70/liter, the Ministry of Energy and Industry said today.

MEI

May 2017 petrol prices

Additionally, diesel will hold steady for the first time after five consecutive increases at QR1.60/liter.

Relief?

The May prices will likely come as a relief to some motorists, who saw the cost of petrol go up for five consecutive months from November 2016 to March 2017.

But the news may disappoint others, as the price of fuel has yet to drop once this year.

Since Qatar first began fluctuating fuel prices last June, they have increased more than 30 percent for petrol.

Diesel has also seen a 10 percent jump.

Thoughts?

Woqod/Facebook

Photo for illustrative purposes only.

Customers won’t have to pay more for fuel in Qatar next month, unless they’re buying diesel.

After five consecutive months of hikes, authorities are keeping the cost of premium petrol (91-octane) at QR1.60/liter.

And the cost of 95-octane super gasoline will also remain at the current prices of QR1.70/liter.

MEI

April petrol prices

However, diesel will see an increase to QR1.60 from QR1.55/liter.

Elsewhere, fuel costs are going down in the UAE next month for the first time in 2017.

Since Qatar first began fluctuating fuel prices last June, they have increased more than 30 percent for petrol. Diesel has also seen a 10 percent jump.

Rising costs

The rising prices have caused anxiety in several circles, including many taxi drivers who have seen earnings eaten up by fuel costs.

On social media, citizens have also been expressing their dissatisfaction with the increases.

Some have asked for an explanation and rationale behind the hikes, but no answers have yet been offered publicly.

On the plus side, fuel costs have not caused inflation to rise much.

However, the cost of living in Qatar is likely to go up further after a new selective tax takes effect within the next few months.

According to officials, the tax will be on luxury items (such as alcohol), as well as fast food, tobacco and things that harm the environment.

Thoughts?