Gulf countries
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Gulf States’ Fuel Supplies to Egypt Shrink Import Bill
Monday, 9th May 2016
In an statement to Egypt Oil&Gas, Ibrahim Zahran, an oil & gas expert, affirmed that the Gulf States supply of fuel maintained stability in Egypt’s domestic markets as it helped cut down 25% of its current import bill. -
Egypt’s Fuel Subsidies Cost Drops 42%
Sunday, 28th February 2016
Egypt's total cost of fuel subsidies has dropped by 42% to record low of EGP 26b in the first half of the current fiscal year, down from EGP 45b in the same period a year earlier. -
Gulf Stock Markets Rose Following Oil Price Surge
Monday, 1st February 2016
Gulf stock markets rose sharply for a second straight trading day on Sunday after oil prices surged at the end of January. Egypt's stock index also rose by as much as 2.1% in response to the firm tone of global equity markets.
Latest News
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Monday Minutes: Economic Snapshot
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El Molla Reviews Midor Refinery Expansion
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Egypt Approves Extending SDX’s PSA of West Ghairb to 2031
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Agreement with Belgian DEME for Studies of Green Hydrogen Production
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 66.70 | +0.92% |
Crude Oil (Brent) Brent | USD/bbl | 70.02 | +0.95% |
NYMEX Natural Gas | USD/MMBtu | 2.71 | +0.48% |
OPEC Basket Price | USD/bbl | 62.15 | +0.29% |
Last Modified March 8, 2021