prices | Egypt Oil & Gas
Trump Issues Oil Firms Investigation into Pump Price Gouging
US President Donald Trump has instructed the Department of Justice (DOJ) to investigate oil companies for failing to lower gasoline prices in line with falling crude costs, accusing the companies of “gougingR...
US Crude Exports Surge to 5.2 mmbbl/d Amid Global Supply Disruptions
The US came close to becoming a net crude exporter for the first time since World War II, as exports surged to 5.2 million barrels per day (mmbbl/d), the highest level in seven months, driven by strong demand from Eur... 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 excepti...
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 leve...
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 Mineral...
Fuel Prices Up in Egypt
Egypt’s Fuel Automatic Pricing Committee has adjusted the fuel prices and increased them for Q3 2024, according to a statement. According to the official statement, the adjusted prices are as follows: 95 Octane Gasoli...
Egypt Raises Fuel Prices to Address Costs, Narrowing Price Gap
The Fuel Automatic Pricing Committee of Egypt has announced adjustments to fuel prices for the second quarter of 2024. In a move aimed at narrowing the disparity between production costs and selling prices, the Minist... Egypt Raises Gasoline Prices, Keeps Diesel Unchanged
Egypt’s Fuel Automatic Pricing Committee has adjusted fuel prices for Q4 2023, increasing gasoline prices and keeping diesel prices unchanged, according to a statement by the Ministry of Petroleum and Mineral Re...
