floatation
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Petroleum Subsidies Hike by 135% in FY 2016/2017 Budget
Wednesday, 9th August 2017
Egypt spent approximately EGP 120 billion on oil and gas subsidies during fiscal year (FY) 2016/2017 as a result of the flotation of its currency.
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Loading ...| Commodity CMDTY | Units | Price | Change |
| Crude Oil (WTI) WTI | USD/bbl | 71.29 | +4.61% |
| Crude Oil (Brent) Brent | USD/bbl | 75.58 | +3.93% |
| NYMEX Natural Gas | USD/MMBtu | 5.10 | -6.92% |
| OPEC Basket Price | USD/bbl | 81.31 | -0.54% |
Last Modified November 29, 2021