Petroleum Trade Deficit Records $421 MM in FY 2019/20

• Tuesday, 1st December 2020
• by Editorial Team

The petroleum trade deficit recorded $421 million by the end of the fiscal year (FY) 2019/20, compared to a surplus of $8.1 million recorded in the previous year, according to the Central Bank of Egypt (CBE). The decl...

Petroleum Trade Deficit Drops 91% YoY

• Wednesday, 29th July 2020
• by Editorial Team

The recent oil slump has narrowed the petroleum trade deficit in Q1 2020 by $405.1 million, amounting to $40 million against $445.1 million in Q1 2019, a 91% year-on-year (YoY) decrease, according to the Central Bank ...

Egypt Petroleum Trade Deficit Dropped by 29% YOY

• Tuesday, 15th January 2019
• by Sarah Samir

Egypt’s petroleum trade deficit dropped by 29% year-on-year (YOY) in the Q1 of fiscal year (FY) 2018/19, recording -$688.1 million, compared to -$970.4 million in the same period of FY 2017/18, Egypt Oil & G...