prices

  • Egypt Increases Fuel Prices by EGP 0.25 in Q3 2021

    Egypt Increases Fuel Prices by EGP 0.25 in Q3 2021

    Friday, 23rd July 2021

    Egypt’s Fuel Automatic Pricing Committee has adjusted the fuel prices and increased them by EGP 0.25 per liter for Q3 2021.

  • Egyptian Cabinet Approves Re-Pricing Gas for Some Industries

    Egyptian Cabinet Approves Re-Pricing Gas for Some Industries

    Thursday, 3rd October 2019

    Prime Minister Mustafa Madboly announced that the Egyptian Cabinet approved the recommendations of the Ministerial Committee to re-price natural gas for some industries on September 30, 2019.

  • 95-Octane Gasoline Price Remains the Same

    95-Octane Gasoline Price Remains the Same

    Monday, 1st April 2019

    The decision came as the technical committee assigned for 95-octane gasoline pricing met on March 31. The technical committee reconsidered the pricing scheme in light of the recently announced Central Bank of Egypt (CBE) data on the Egyptian pound appreciation against the US dollar, as well as the recent global Brent prices of Q1 2019.

  • Egypt to Float Benzene Prices in March

    Egypt to Float Benzene Prices in March

    Thursday, 27th December 2018

    Egypt plans to announce its pricing mechanism for 95-octane benzene by the end of December 2018, to start linking the product to international prices in March 2019.

  • Petroleum Ministry Rejects Gas Price Reduction for Factories

    Petroleum Ministry Rejects Gas Price Reduction for Factories

    Tuesday, 20th February 2018

    Governmental sources reportedly rejected decreasing natural gas price for factories following natural gas self-sufficiency as the output will be used to cover local demands.

  • Iranian Oil Prices Rise 2%

    Iranian Oil Prices Rise 2%

    Thursday, 4th January 2018

    Iranian oil reached its highest price in two and a half years, rising 2% on January 3.

  • Kuwait Increases Oil Prices by 0.44%

    Kuwait Increases Oil Prices by 0.44%

    Wednesday, 3rd January 2018

    Kuwait increased crude oil prices by 0.44% to be $63.78 per barrel, compared to $63.5 per barrel on December 29th, 2017.

  • Crude Rises to Levels Unseen Since 2015

    Crude Rises to Levels Unseen Since 2015

    Wednesday, 27th December 2017

    Following a pipeline explosion in Libya, oil prices rose to highs not seen since mid-2015.

  • Abu Kir Fertilizer to Decrease Profitability

    Abu Kir Fertilizer to Decrease Profitability

    Tuesday, 11th July 2017
    The recent Cabinet decision to cut fuel subsidies obliged Abu Kir Fertilizers Company to decrease the prices of its products, the company's Head stated.
  • Dubai Sets Oil Delivery Prices for June

    Dubai Sets Oil Delivery Prices for June

    Thursday, 23rd March 2017
    The official price of the Dubai crude oil barrel for delivery in June will be $0.20 less than the average daily settlement price of the Oman Crude Oil Financial Contract in Dubai Mercantile Exchange (DME Oman) contracts traded over April.