Kuwait Approves Petrol Price Hike

• Thursday, 4th August 2016
• by Egypt Oil & Gas

Kuwait has approved an increase in prices of gasoline sold locally by 42% to 83% depending on the grade in an attempt to align local rates with GCC averages.

China’s Oil Demand Growth Expected to Slow in 2016

• Tuesday, 12th January 2016
• by Egypt Oil & Gas

China's oil demand growth is expected to drop to 3% in 2016 reflecting on the country's economic slowdown, despite lowering oil prices. Oil demand rise is estimated at merely 300,000b/d this year, compared to 510,000 ...