fuel price
-
Cabinet Denies Fuel Price Surge
Tuesday, 5th May 2020
The Cabinet has denied the rumors surrounding fuel prices surge.
-
Egypt to Reprice Electricity Following Increased Fuel Quota
Tuesday, 7th February 2017
The Electricity Ministry is repricing electricity following the increase in fuel prices as a result of the EGP flotation. -
S. Africa to Increase Fuel Prices
Monday, 2nd January 2017
South Africa’s Department of Energy announced that a liter of petrol 93 ULP and LRP will rise by $0.04 a liter, while a liter of 95 ULP and LRP will increase by $0.03. -
Egypt Spent EGP 14b in Fuel Subsidies
Tuesday, 1st November 2016
Egypt's petroleum subsidies reached EGP 14b in the first quarter of currently fiscal year 2016/2017, which started in July. This came as a result that Brent is trading at a higher price than the $40/b used in state budget calculations. -
Oil Expert: IMF Loan is a Trap
Monday, 8th August 2016
'The International Monetary Fund (IMF) is a trap meant to drown Egypt in foreign loans and if Egypt accepts it, the country may soon declare bankruptcy,' said Ibrahim Zahran, a petroleum expert, in an exclusive interview with Egypt Oil&Gas. -
Egypt: Fuel Prices Will Not Rise over IMF Loan
Wednesday, 3rd August 2016
During negotiations with the IMF, the Egyptian government confirms that no changes will occur to current fuel prices and other reform efforts. -
Algeria’s 2016 Budget Raises Energy Prices
Tuesday, 1st December 2015
Algeria has increased gasoline, diesel, gas and electricity prices in its 2016 budget to cope with a sharp fall in energy earnings and ahead of further austerity measures. -
Petroleum Prices to Increase before FY 2015/16
Monday, 2nd March 2015
Egypt's government aims to increase the prices of petroleum products before fiscal year 2015/16, according to Al-Mal newspaper. The decision represents the second phase of the five-year plan for the gradual reduction of energy subsidies. -
Nigeria protests suspended after fuel price cut
Monday, 16th January 2012
Nigerian President Goodluck Jonathan said on Monday petrol prices would be reduced to 97 naira ($0.60) a litre and labour unions agreed to suspend mass protests to allow further negotiations with the government.
Latest News
-
El Molla Showcases Ramallah Visit Results Before Cabinet
-
Wintershall Dea Records High production level of 650,000 boe/d in Q4 2020
-
Hungary Considers Importing Natural Gas from Egypt
-
Egypt, Palestine to Develop Gaza Gas Field
Subscribe to Newsletter

Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 63.71 | +0.78% |
Crude Oil (Brent) Brent | USD/bbl | 67.62 | +0.87% |
NYMEX Natural Gas | USD/MMBtu | 2.85 | -0.87% |
OPEC Basket Price | USD/bbl | 63.73 | +2.79% |
Last Modified February 25, 2021