subsidy

Oil settled lower on Friday as members of the IEA agreed to join in the largest-ever U.S. oil reserves release. Both Brent and U.S. crude benchmarks settled down around 13 percent in their most significant weekly falls in two years after…
Read More...

Lebanon’s caretaker Prime Minister Hassan Diab approved a proposal to finance fuel imports at a rate of 3,900 Lebanese pounds to the US dollar on Friday, instead of the previous 1,500 pound rate, amid worsening gasoline shortages. The…
Read More...

Sudan fully liberalized gasoline and diesel prices on Tuesday, according to a statement from the finance ministry that said previous prices would be canceled and gave new prices that it said were in line with import costs. Sudan has been…
Read More...