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.
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.
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.
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 ...
"There is no intention to move the prices of natural gas for the local industry at the present time, in light of the current international changes," Minister of Petroleum and Mineral Resources, Tarek El Molla, sai ...
Sonatrach announced that it has signed an agreement with Eni company to boost the development of natural gas production projects through the joint efforts and to increase exported gas volumes using the available c ...
Throughout Europe, natural gas prices are fluctuating as supply fears intensify alongside calls for further sanctions against Russia.
Egypt’s Fuel Automatic Pricing Committee has adjusted the fuel prices and increased them by EGP 0.25 per liter for Q3 2021.
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.
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 Egyp ...