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Oil prices

Egypt to Reevaluate Petroleum Subsidy in 2024-2025 Budget Amidst Recent Fuel Price Hike

The Ministry of Finance revealed certain indicators of the 2024-2025 budget about 72 hours ago.

Global Fuel Price Surge: Understanding the Complex Factors Driving the Increase

From geopolitical tensions to economic dynamics, a multitude of factors has contributed to the escalation of fuel prices globally.

Navigating Economic Waters: Egypt's Strategic Fuel Price Move Signals Stability Amidst Economic Pressures

Solar prices will increase by 1.75 Egyptian pounds per liter, resulting in a 15% hike in transportation fares.

Increase in Gasoline and Diesel Prices in Egypt Amidst Escalating Global Oil Costs

This decision comes amidst rising global oil prices exacerbated by conflicts such as the Gaza war and preceding the Russo-Ukrainian war.

Committee Adjusts Petroleum Prices in Egypt to Reflect International Market Shifts

It was decided to increase the price of gasoline and diesel by one Egyptian pound.