prices | Egypt Oil & Gas

Egypt Raises Gasoline, CNG, Butane Prices

The Ministry of Petroleum and Mineral Resources (MoPMR) raised prices of all types of Octane gasoline, Compressed Natural Gas (CNG) for cars, and butane, effective March 10. The decision came "due to the exception ...

Brent Climbs Above $78 Amid Gulf Tensions, Shipping Disruptions

Global oil prices climbed sharply as escalating tensions in the Middle East and disruptions to shipping through the Strait of Hormuz heightened fears of supply shortages, pushing crude benchmarks to their highest ...

Egypt Announces New Butane Gas Prices

Prime Ministerial Resolution No. 3001 of 2024 stated the decree to renew butane gas prices, starting September 18th. According to the decree Prime Minister Mostafa Madbouly authorized Minister of Petroleum and Min ...

Fuel Prices Up in Egypt

IEA’s Birol Warns of Tight Global Oil Market in H2 2023

The surprising announcement of OPEC+ to implement voluntary production cuts of 1.66 million barrels per day from May until the end of the year could cause tightness in the second half of this year, according to Fa ...

Egypt Raises Fuel Prices

Cheniere Energy’s Revenues Increase Significantly as LNG Demand Skyrockets

The largest U.S. exporter of liquefied natural gas (LNG) Cheniere Energy announced that its third-quarter LNG income has more than doubled due to increased demand following Russia's invasion of Ukraine, Reuters re ...

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