Antimonopoly Committee sets price cap on AI-80 gasoline amid rising costs

BUSINESS 12:20 / 14.11.2024 1509

As of November 13, the Committee’s directive, issued on November 12, established a 5% spread restriction on AI-80 gasoline’s initial price. Following this decision, the average price of AI-80 gasoline saw a notable decrease during trading, with prices dropping by more than 1.2 million UZS per ton, reaching a range of 9.3–9.4 million UZS per ton.

The AI-80 gasoline produced by the Bukhara Oil Refinery, previously set at an initial price of 8.931 million UZS per ton, now has an upper price limit of 9.377 million UZS per ton under the new cap.

The price cap follows a similar measure introduced on November 6 for liquefied gas, where a 20% limit was imposed on its starting price, reflecting efforts to mitigate rising fuel costs and support market stability.

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