US Hedge Funds Quacking Under Strained Oil, Gas Markets

• Monday, 9th March 2015
• by Egypt Oil & Gas

Hedge funds cut bets on rising oil prices at the fastest pace since December 2012 as U.S. inventories expanded to the highest in more than three decades.

Iran to Fuel Iraq’s Kurdish Power Stations

• Sunday, 1st March 2015
• by Egypt Oil & Gas

Iran has signed a memorandum of understanding with Iraq’s Kurdistan to export gas and gasoline to the semi-autonomous region.

Fuel Theft Causes Pemex to Rethink Pipeline Usage

• Wednesday, 18th February 2015
• by Egypt Oil & Gas

Mexico's state oil company says it will no longer use pipelines to ship finished, usable gasoline or diesel amid a wave of fuel theft.

Rouhani Authorized to Raise Gasoline Prices

• Wednesday, 18th February 2015
• by Egypt Oil & Gas

The Iranian parliament (Majlis) has approved a five-percent increase in fuel prices for the next fiscal year starting March 21, amid falling oil prices.

Iran MPs Want to Raise Gasoline Rate

• Tuesday, 27th January 2015
• by Egypt Oil & Gas

Iran’s Parliament has approved a proposal to increase the rate of gasoline in the budget bill for the next calendar year of 1394 (to begin 21 March 2015).