Egypt denies fuel price increase as pump prices hold steady

Egypt's Ministry of Petroleum has denied rumors of a fuel price increase as gasoline and diesel prices held steady on Thursday.

• Gasoline and diesel prices in Egypt held steady Thursday, with benzene 95 at 24 pounds and diesel at 20.50 pounds per liter.
• The Ministry of Petroleum denied the accuracy of social media reports claiming a new fuel price increase.
• The ministry said the automatic fuel pricing committee has not met and issued no recommendations on price changes.
• A ministry official said no instructions have been issued on fixing fuel prices while the committee finalizes its deliberations.