fuel prices | Egypt Oil & Gas - Part 3

UAE Fuel Prices Increase by 4.5% in March

The super 98 has increased by 4.6% while the special 95 rose by 4.3%. Additionally, the diesel price hiked by 5.7%.

Cabinet Rejects Rumors of Fuel Price Increase

The media department of the Egyptian cabinet has rejected rumors about a new fuel price increase in 2018 to decrease the budget deficit.

Tunisia Raises Fuel Prices for Fourth Time in 2018

The Tunisian government has increased fuel prices for the fourth time in 2018, raising them by about 4% as the government attempts to reduce the budget deficit and meet the financial demands stipulated by foreign ...

Fuel Subsidies: 92-Octane Consumption Decreases Following Cuts

Misr Petroleum's sales of 92-octane benzene has decreased since the government made further cuts to fuel subsidies in mid-June.

Moroccan Fuel Prices Increase upon Dirham Liberalization

Moroccan fuel prices hiked in 48 hours after the country announced the liberalization of its Dirham.  Diesel price exceeded $1.08 per liter for the first time, ranging between $1.14 and $1.04 per liter depending o ...

Diesel Subsidies Reach EGP 150m Following Recent Hike

Diesel subsidies' cost reached around EGP 150m per day following the recent fuel price increase as every 1 litre of diesel is subsidised by EGP3.

Cabinet Explains Consequences of Fuel Price Increase

The government issued a number of social protection programs worth more than EGP 85b to protect low-income citizens from being negatively affected by the burdens of economic reform.

Fuel Prices Not to Increase for Industrial Sector

Fuel provided for the industry sector will not face any price increase, except for cement industry, according to EGPC's CEO.

MoF: No Increase in Fuel Prices until Next July

There will be no further increase in fuel prices during the fiscal year (FY) 2017/18, according to the Egyptian Minister of Finance.

El Molla: Smart Cards Do Not Affect Fuel Prices

The increase in benzene and diesel prices follows the Egyptian Cabinet's decision to cut fuel subsidies in order to ease the budget deficit.

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