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Al-Ahram Weekly
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Economy
9/28/2024 10:15:00 AM
As part of efforts to rationalise fuel subsidies, the government hiked the prices of butane gas cylinders last week
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Business
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Energy
10/30/2023 5:04:49 PM
European gas prices have spiked steeply due to a complex of factors, including reports that Israel had stopped exporting natural gas to Egypt, which could reduce the latter country's exports of liquefied natural gas (LNG).
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Business
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Energy
10/25/2023 10:05:30 PM
Natural gas prices experienced a significant surge to an eight-month high due to geopolitical tensions and uncertainty stemming from the Israeli war on Gaza, which started on 7 October, according to a report by Kuwait’s KAMCO Investment Company.
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Business
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Economy
9/13/2023 6:59:04 PM
Inflation jumped last month largely because of a spike in gas prices but other costs rose more slowly, suggesting price pressures are easing at a gradual pace.
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World
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International
8/29/2023 2:01:04 PM
Thousands of protesters on cars and motorbikes took to the streets of Colombia’s main cities on Monday to reject recent hikes in gasoline prices that have drastically increased the price of fuel in the South American country.
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Business
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Economy
5/4/2023 1:25:30 AM
The Fuel Automatic Pricing Committee (FAPC) raised on Wednesday diesel prices by EGP 1 to 8.25 Egyptian pounds and maintained the prices of all the other gasoline prices.
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Business
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Energy
3/2/2023 10:21:00 AM
Egypt’s Fuel Automatic Pricing Committee (FAPC) has raised fuel prices for various octanes by EGP 0.75 to EGP 1 per litre, while keeping the price of diesel fixed, in light of "fluctuating prices of the Brent crude and the exchange rate of the pound against the dollar".
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Business
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Energy
2/17/2023 2:58:03 PM
Europe's natural gas price on Friday sank under 50 euros for the first time in nearly a year and a half, as a mild winter curbs heating demand.
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Business
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Energy
1/19/2023 10:41:21 PM
Plunging wholesale gas prices have sparked speculation of an end to Europe's energy crisis -- but consumers' electricity and gas bills remain sky high, fuelling runaway inflation.
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Business
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Energy
1/4/2023 9:55:32 PM
Global oil prices plunged Wednesday over China demand concerns and European gas prices sank to their lowest levels since November 2021 as mild winter weather reduced demand.
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World
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International
12/17/2022 1:06:05 PM
The Biden administration said Friday it is buying 3 million barrels of oil to begin to replenish U.S. strategic reserves that officials drained earlier this year in a bid to stop gasoline prices from rising amid production cuts by OPEC and a ban on Russian oil imports.
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Business
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Markets & Companies
11/9/2022 10:40:20 PM
Benchmark US crude oil for December delivery fell $3.08 to $85.83 a barrel Wednesday. Brent crude for January delivery fell $2.71 to $92.65 a barrel.
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Business
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Markets & Companies
11/2/2022 10:52:24 PM
Benchmark US crude oil for December delivery rose $1.63 to $90 a barrel Wednesday. Brent crude for January delivery rose $1.51 to $96.16 a barrel.
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World
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International
10/25/2022 6:57:29 PM
European Union nations on Tuesday gave themselves yet another month to overcome deep differences on groundbreaking measures to shield their citizens from the energy crisis. Such initiatives are also necessary for the bloc to maintain a united front during Russia's war in Ukraine.
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Business
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Markets & Companies
10/24/2022 10:18:42 PM
Benchmark U.S. crude oil for December delivery fell 47 cents to $84.58 a barrel Monday. Brent crude for December delivery fell 24 cents to $93.26 a barrel.
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Business
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Energy
10/20/2022 3:03:28 PM
Households and businesses across Europe have struggled with high electricity prices for months, though they have fallen since late August peaks.
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World
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International
10/19/2022 10:15:27 PM
High gasoline prices are the problem that President Joe Biden keeps trying to fix _ and roughly a year's worth of extraordinary efforts have done little to significantly lower costs.
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World
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War in Ukraine
10/19/2022 7:17:24 PM
President Joe Biden plans to release 15 million barrels of oil or more from the U.S. strategic reserves in an effort to stop gasoline prices from rising now that OPEC and its allies plan to cut production.
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Al-Ahram Weekly
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Egypt
10/13/2022 8:34:00 PM
Natural gas prices for cement industries have increased and other fuel prices are expected to follow
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War in Ukraine
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Economy
9/15/2022 5:45:55 PM
Norway's trade surplus surged to a new record in August, fuelled by a jump in natural gas prices as the Nordic country is now Europe's biggest supplier after Russia slashed exports.
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