july | Egypt Oil & Gas

OPEC Output Climbs 1.17 mmbbl/d in July as Gulf Supplies Recover

Organization of the Petroleum Exporting Countries (OPEC)’s crude oil production increased by 1.17 million barrels per day (mmbbl/d) in July, supported by higher output from Gulf producers as they restored supplies dis...

Saudi Arabia Deepens Its Oil Cuts in July

Saudi Arabia announced that it will be deepening its oil cuts for July, pushing the prices up 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 A...

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