The first is the price of importing petrol, an import parity price called the Basic Fuel Price. Added together, they result in the regulated petrol price seen at service stations. The monthly adjustments are driven by the import parity price (Basic Fuel Price). No, the import parity price (Basic Fuel Price) is not affected by the volume of imports. It is changes in the value of inputs in the Basic Fuel Price formula that cause the monthly price changes.

Source: The North Africa Journal December 15, 2021 07:45 UTC