fuel prices | Egypt Oil & Gas - Part 3
Saudi Arabia Raises Gasoline Prices
Gasoline prices in Saudi Arabia witnessed another increase on July 14, and remain subject to changes in global export prices, Reuters reported citing Saudi Aramco. The Saudi oil giant announced that it is raising dome...
Egypt Introduces New Fuel Pricing Indexation Mechanism
Egypt will start applying the new fuel pricing indexation mechanism to all petroleum products starting from Q4 2019, a ministry official told Reuters. According to the ministry official, the government will still supp...
Government Closely Monitoring Fuel Market
Prime Minister Mostafa Madbouly held a cabinet’s central operations room on July 5 to ensure the availability of petroleum products, as well as applying new fuel and public transportation prices, according to a ...
Egypt Announces New Fuel Prices
The Egyptian Cabinet announced the new fuel prices, with increases from 16% to 30%, Egypt Oil & Gas reports. The new prices of fuel 95-octane fuel rose from EGP 7.75 to EGP 9 per liter, while the price of 92-octan...
Ministry of Finance Denies Rumored New Fuel Prices
The Ministry of Finance has officially negated rumors circulating social media platforms regarding changes in the prices of fuels and petroleum products, Egypt Oil & Gas reports. The rumors originated through a fa... Petroleum Ministry Denies June’s Fuel Price Hikes
The Ministry of Petroleum has negated claims that fuel prices will be raised next June, according to the ministry’s spokesman, Hamdy Abdel Aziz, Al Ahram reported. Media reports that fuel prices will be increase...
UAE Fuel Prices Increase by 4.5% in March
The fuel prices have increased in the United Arab Emirates by around 4.5% during March after a price decline in January and February, according to the country’s fuel price committee, Gulf Business reported. The super ... 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, Al Ahram reported. The Ministry of Petroleum also denounced the rumors as false ...
