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Oman: Fuel prices to remain unchanged until end-2022

The state would bear the cost difference that may result from any change in oil prices

Last updated: November 09, 2021 | 17:33

Reuters

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Sultan Haitham Bin Tariq Al Said

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Cairo: Sultan Haitham Bin Tariq of Oman has ordered a cap on motor fuel prices at October rates until the end of 2022, state media reported on Tuesday.

The government would bear the cost difference that may result from any potential increase in oil prices, state TV said.

The ruler of the Gulf oil producer also ordered the cancellation of fees related to doing business in some sectors and the reduction of others.

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Oman: Fuel prices to remain unchanged until end-2022

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