US President Donald Trump has urged Americans to accept higher gasoline prices as the cost of confronting Iran, as tensions over the Strait of Hormuz continue to disrupt global oil flows and threaten to prolong pressu...
The White House is expected to extend a temporary waiver of the century-old Jones Act in the coming days as part of efforts to curb US gasoline prices, Reuters cited sources familiar with the matter, while President D...
Saudi Aramco, the world’s largest oil company, has announced new petroleum prices starting October 11, according to the company’s website. The company lowered the price of Gasoline 91 to 1.44 riyals, and Gasoline 95 t...
Nigeria’s state-owned oil company, Nigerian National Petroleum Corporation (NNPC), recorded a $14 million cost for fuel in June, months after it changed its pricing method in an effort to eliminate subsidies, accordin...
Egypt’s Fuel Automaitc Pricing Committee announced that all types of gasoline will be cut by about 25 piasters per liter, effective as of April 11, according to a press release. After the reduction, the price of...
Saudi Aramco announced that it started reducing gasoline prices on October 20, according to Saudi Gazette. Aramco’s 91 grade — used by the majority of modern cars — will be priced at 1.50 riyals per liter, down ...
Egypt’s Fuel Automatic Pricing Committee decided to cut the price of all gasoline types by 25 piasters per liter effective Friday, October 4, 2019, at 12 AM. The price of Octane 80 was reduced to EGP 6.5 per lit...
Saudi Arabia announced increasing local gasoline prices on the January 1st, 2018, in order to reach a more efficient energy use, Reuters reported. The initiative comes along with an ambitious reform plan, which aims a...
The UAE’s Ministry of Energy announced that fuel prices will rise in August, reports Khaleej Times. The price of the unleaded gasoline 98 will increase to $0.51 per liter from $0.50 in July. The price of unleaded gaso...
Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, denied any decision to increase gasoline price in the meantime, adding that no date has been set to increase it or even to agree on the rate of inc...