prices | Egypt Oil & Gas

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 ...

Saudi Arabia May Slash October Crude Prices for Asia

Due to weak demand in the region and rising arbitrage shipments, the world's top oil exporter Saudi Arabia may lower October prices for the majority of crude grades it delivers to Asia.

Egypt’s MSIT: Bakeries Will Not Be Affected by New Diesel Prices

Minister of Supply and Internal Trade Ali Meselhy announced that bakeries will not be affected by the new prices of diesel, noting that bread prices will be the same.

Egypt Raises Fuel Prices in Q3 2022

Oil Ministry Spokesman Denies Rumors About Natural Gas Price Hikes

Egyptian Oil Ministry Spokesman Hamdy Abdel Aziz rejected rumors about a possible increase in natural gas prices, regarding figures published on social media as false. The official natural gas prices were publishe ...

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