Asian LNG Demand to Fall for Second Year Amid Gulf Supply Disruptions
Asian LNG demand is expected to decline for a second consecutive year as Gulf supply disruptions push prices higher, with Northeast Asia accounting for most of the decline.
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 "gouging" cust ...
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 E ...
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 ...
