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English news

08-Feb-2017

Oman to freeze fuel price hike

Oman’s Council of Ministers has ordered a price freeze on the country’s most popular fuel after calls for an urgent review of escalating costs. M91 fuel will be frozen at its current price – OMR0.186 a litre - until the government can implement “mechanisms to support deserving citizens,” the Council of Ministers has announced. The price of regular fuel has risen by 63 per cent since January 15, 2016, the day fuel subsidies were scrapped in Oman. More cars run on this fuel than on diesel and the more expensive M95 super fuel combined. (Times of Oman) 

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