Egyptians used less fuel in 3Q2017 -El Molla

The quantity of gasoline consumed domestically dropped by 4.2% y-o-y in 3Q2017 to 1.87 mn tonnes from 1.96 mn tonnes, Oil Minister Tarek El Molla said, according to Reuters. Diesel consumption also dropped, falling by 7.1% y-o-y to 3.42 mn tonnes from 3.68 mn tonnes. The drop in consumption followed imposed price increases by the government.