Egypt Cuts July Oil Prices by $1.50-2.00 a Barrel 

Mr. Hammad Ayoub, the Oil Marketing Manager of the Egyptian General Petroleum Corporation (EGPC), on 30 July confirmed that Egypt has cut its July oil export prices by $1.50-2.00 a barrel, although he gave no prices for individual crudes. He also said that consultations with customers are continuing on June prices and that August prices would depend on the world market.

Egypt's last official oil export prices were announced...