Tag: fuel
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Fuel prices in China are witnessing a new increase
The National Development and Reform Commission (NDRC) announced a hike in fuel prices in China, starting at 12:00 am on Wednesday, May 31 in various Chinese regions and cities, as it is scheduled to increase the prices of gasoline and diesel in the domestic market by about 100 and 95 yuan. ($ 14.13 and $…
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Sources reveal the fuel price plan in Egypt before an official (private) meeting
The Automatic Pricing Committee for Oil Derivatives is preparing for a meeting to set fuel prices in Egypt, during the first week of next July (2023), a meeting that comes after a few weeks of moving diesel prices alone, which raises speculation about trends. The government towards moving prices again, or not. Informed sources revealed,…
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Operation of the Iranian oil refinery on this date.. Will the fuel crisis be solved?
Tehran announced its intention to operate the new Iranian oil refinery by next year (2024), in light of a severe crisis hitting the country due to its inability to meet the growing demand for gasoline. The company responsible for building the “Mehre Al-Khaleej” refinery stated that it is scheduled to be launched with about 120,000…
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Fuel prices in Egypt… 3 reasons prompted the government to increase “diesel”
Starting today, Thursday, May 4 (2023), fuel prices in Egypt witnessed a new increase in the price of “diesel” fuel, with the prices of gasoline and other oil derivatives being fixed. The increase in diesel prices in Egypt, which was approved late yesterday evening, Wednesday, May 3, came about two months after the largest increase…
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Fuel prices in Sudan unchanged in May (exclusive)
It seems that the fuel prices in Sudan for the month of May 2023 will not differ from the prices of last April, with the continuation of the clashes that disrupt the work of some sectors. Sources at the Ministry of Energy and Oil in Khartoum said, in exclusive statements to the specialized energy platform,…
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The UAE may cancel the purchase of a national fuel company affiliated with the Egyptian army (private)
The UAE deal to buy a national fuel company affiliated with the Egyptian army is threatened with failure, especially since negotiations have almost stalled since mid-April (2023), and news has spread about the existence of financial disputes that prevent the completion of the deal. The fuel company came at the top of the list of…
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Fuel prices in Qatar for the month of May 2023… no new burdens
Fuel prices in Qatar for the month of May 2023 are witnessing a stabilization of gasoline prices again, after the decline in the price of premium gasoline in April. Qatar Energy Company announced, on its official page on the social networking site TwitterToday, Sunday, April 30, 2023, the prices of gasoline and diesel, which are…
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Chinese fuel exports decreased for the second time in 2023
Chinese fuel exports in the second batch of 2023 are expected to decline by up to 12 million tons (85.2 million barrels), as domestic demand continues to improve. A survey of 4 government refining sources and 3 consulting firms showed that the second batch of export quotas for gasoline, red diesel and jet fuel could…
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Pakistan’s fuel imports jump to two billion dollars in March
The value of Pakistan’s fuel imports increased, in March (2023), to record more than two billion dollars, with a growth rate of 9% on a monthly level. This data, issued by the Pakistan Statistics Bureau, indicates an increase in the Asian country’s dependence on fuel imports, according to The Express Tribune newspaper, today, Saturday, April…
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In numbers… Financial disputes delay the UAE’s purchase of a national fuel company affiliated with the Egyptian army (private)
Egypt placed a national fuel company at the top of the list of government offerings that it recently revealed, but financial disputes with major investors delayed the settlement of the deal. Last February, Egypt announced a list of 32 companies that it intends to offer on the stock exchange, in a plan aimed at raising…
