Will Kazakhstan Gasoline and Diesel Prices Rise in November? Forecast for Drivers

Experts say fuel prices in Kazakhstan are likely to rise this month. They expect major suppliers may raise the wholesale price of AI-92 gasoline and diesel by 10,000 tenge per tonne in November, though no sharp jump is forecast.

Oil and gas expert Anuar Kozhabekov said the increase equals roughly 7-8 tenge per litre for gasoline and about 9 tenge per litre for diesel. He said existing stocks and competition could limit how much of the increase reaches consumers, so the rise will be gradual and uneven across regions. In October, gasoline mostly got cheaper while diesel prices stayed stable.

Financial adviser Arman Baiganov said prices will keep rising as long as inflation persists in Kazakhstan, and higher prices in Russia, Kyrgyzstan and Uzbekistan will also put pressure on the domestic market. In Astana and Almaty, a litre of AI-92 costs about 253 tenge, and in Shymkent from 238 tenge. Over the past year, AI-92 rose 12% and AI-95 rose 15% in price.