Egypt's Fuel Automatic Pricing Committee has reduced the price of gasoline in the local market by 25 piasters per litre effective Friday at 12am, the petroleum ministry announced in a statement. The new prices per litre are as follow: EGP 6.5 for 80 octane gasoline, EGP 7.75 for 92 octane gasoline, and EGP 8.75 for 95 octane gasoline.