Egypt Increases Fuel Prices by EGP 0.25 in Q3 2021
Egypt’s Fuel Automatic Pricing Committee has adjusted the fuel prices and increased them by EGP 0.25 per liter for Q3 2021.
prices | Egypt Oil & Gas - Part 3
Egyptian Cabinet Approves Re-Pricing Gas for Some Industries
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
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 ...
Egypt to Float Benzene Prices in March
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
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 reached its highest price in two and a half years, rising 2% on January 3.
Kuwait Increases Oil Prices by 0.44%
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
Following a pipeline explosion in Libya, oil prices rose to highs not seen since mid-2015.
Abu Kir Fertilizer to Decrease Profitability
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.
