Egypt tackles global energy volatility from stronger economic position – PM
Egypt is facing the ongoing global energy volatility from a position stronger than in previous challenges, Prime…
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Brent crude oil prices
Oil prices surge up after US-Israel strikes on Iran, crude towards $80/bbl
Oil surged towards $80 a barrel after the US and Israel launched coordinated strikes on Iran, escalating tensions…
Egypt struggles with fuel subsidy gap despite lower Brent crude prices
Despite a recent drop in global oil prices, Egypt continues to face a significant gap between the cost of producing…
US crude imports to hit 50-y low in ’25 – EIA
US crude oil imports are projected to drop by over 20 per cent to 1.9 million barrels per day (bpd) in 2025, the…
Global commodity markets face headwinds, warns World Bank
The World Bank projects that the commodity price index will decrease by 3 per cent in 2024, followed by further…