Egypt Crude Oil Production Hits Two-Year High on Refining Campaign

Egypt's crude oil production reached its highest level in nearly two years on July 25, 2026, driven by settled arrears owed to foreign investment partners and an expanded refining campaign.

Refinery operating rates across the nation surged to 80 percent, meeting local domestic fuel demand, reducing energy imports, and increasing surplus export volumes.

Petroleum product exports surpassed 2.3 million tons during the first six months of 2026, generating roughly $2.3 billion in total revenue.