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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 | 73.53 | +0.62% |
| Crude Oil (Brent) Brent | USD/bbl | 75.70 | +0.68% |
| NYMEX Natural Gas | USD/MMBtu | 3.32 | -0.27% |
| OPEC Basket Price | USD/bbl | 73.13 | +2.19% |
Last Modified June 24, 2021