july | Egypt Oil & Gas

Saudi Arabia Deepens Its Oil Cuts in July

Saudi Arabia announced deepening its oil cuts for July pushing the prices higher despite concerns over a global economic slowdown and possible further interest rate increases from the U.S. Federal Reserve.

15m Household Units to be Exempt from July’s Electricity Bills

A government committee is set to exempt millions of subscribers from an upcoming electricity price hike, following a Sunday presidential decision to ease the financial burden on poorer citizens, reported state-owned ...

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