Tag: Official

  • Sources reveal the fuel price plan in Egypt before an official (private) meeting

    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,…

  • Official: India’s imports of Russian oil are increasing for these reasons

    Official: India’s imports of Russian oil are increasing for these reasons

    India’s imports of Russian oil have been rising month-on-month, since shipments from Moscow have replaced crudes from the Middle East and Africa. India’s national oil company “Indian Oil” – the country’s largest refiner in terms of production capacity – confirmed its commitment to long-term contracts with the Middle East, but spot purchases from the region…

  • Saudi Aramco raises its official selling oil prices to Asia in May

    Saudi Aramco raises its official selling oil prices to Asia in May

    Saudi Aramco announced the official prices for selling shipments of Arab Light crude to its customers in Asia, Europe and the United States, during the coming month of May (2023). The company decided to raise the official Saudi oil selling prices for Arab Light crude to Asia by 30 US cents to $2.80 per barrel,…

  • Official: Russian oil exports are changing their path to friendly countries

    Official: Russian oil exports are changing their path to friendly countries

    It is no longer difficult for Russian oil exports, which have been affected by Western sanctions, to reach friendly countries, in the wake of Moscow’s circumvention of Western restrictions that restrict the Russian energy industry. Western governments clamped down on Russian energy supplies; With the aim of drying up the sources of its revenues, which…