ZAWYA: Jordan: Petrol prices raised for November, keeps diesel, kerosene rates unchanged
Bullish strength: 65/100
- Jordan raised petrol prices following continued increases in international fuel costs.
- Regional geopolitical tensions are contributing to global fuel cost pressures.
- Government subsidies indicate efforts to absorb part of higher energy costs.
Bearish strength: 35/100
- Diesel and kerosene prices remain unchanged.
- Government intervention is limiting the pass-through of global fuel price increases to local consumers.
- The government continues to absorb part of actual fuel costs.
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