egypt studies effect of new oil price on budget-egypt today in Malaysia

The Russian military operation in Ukraine destabilized global oil markets, taking prices to record high. The increasing oil prices are going to

The decision to raise fuel prices in Egypt echoes the impact of global events on local markets. With crude oil prices soaring due to

The government's conservative estimate for oil prices is $75/barrel for the proposed 2025/26 budget, lower than the current year’s benchmark of $82.

2 days agoA recent study published in the International Journal of Energy Economics and Policy has shed new light on the complex relationship between exchange rates, oil prices, and

By bna Cairo Bureau Officials from Egypt’s government told Al Borsa on June 16 that every $1 increase in global oil prices above the budgeted level adds roughly EGP 4bn–4.5bn ($76.9mn

This would allow Egypt to lower its natural gas imports, put a floor under its energy market and play into the global push for action on climate change. By adopting a

The study concluded that oil price fluctuations negatively affect the public budget, which means that there is a positive relationship between oil price fluctuations and the general

Egypt intends to lower the oil price at $80 per barrel, decreasing by 15% in the 2025/2025 fiscal year’s budget, Asharq Business reported citing an official document.

It reflects a compounded effect of global economic factors, such as the US tariffs, and challenges like fuel price adjustments. These issues are likely to sustain

Egypt hiked prices on fuel products on Friday by up to almost 15%, state media reported, marking the first increase in 2025 as the government

Cairo: The increase in oil prices to over $80 per barrel (pb) has weighed on Egypt’s 2025/2025 budget, but the Organization of Petroleum Exporting Countries’ (OPEC) output hike decision would mitigate this negative effect. Earlier on Monday, oil prices dropped, as Brent crudes declined 1.5% due

Egyptian Finance Minister, Dr. Mohamed Maait, announced that the Egyptian government plans to reconsider the subsidy for petroleum products in the budget of the upcoming fiscal year 2025-2025, following the recent increase in the prices of all categories of gasoline and diesel, according to Al-Sharq

The oil/gas price structure in Egypt, presented in table 1 in an ordinal scale, distinguishes between transactions made at administered or subsidized prices and transactions at international prices.

Greater progress on state divestment, with a new five-year strategy introduced earlier in September, could also make a meaningful difference to the budget. Lower oil price will impact budget balances Source: Haver Analytics, Emirates NBD Research

On the other hand, oil importing countries are facing many socioeconomic hazards. Egypt, as a net crude oil importing country, is facing

The decline in global oil prices might seem like good news for the budget of an oil-importing country like Egypt. However, a Shuaa Investment

CAIRO 16 December 2025: The Egyptian government has unveiled plans to drill 46 new oil and gas exploration wells during the current fiscal year, with a total investment of $748.5 million. Minister of Petroleum and Mineral Resources, Karim Badawi, announced that 15 agreements are currently being negotiated, accompanied by $20 million in signature bonuses. He underscored

The study concluded that oil price fluctuations negatively affect the public budget, which means that there is a positive relationship between oil price fluctuations and the general budget deficit

As a senior professional in Egypt’s petroleum sector, particularly within the exploration and agreements domain, I give much attention to how

Egypt plans to turn to the local debt market and try new debt instruments as it works to bring down a persistent budget deficit over the