Global petrol prices news digest

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17-Jul-2019

UK: Sainsbury's fuel deal will give you 10p off every litre when you do a food shop
17-Jul-2019 by Mirror
Sainsbury's shoppers can get a saving on every litre of fuel they buy this week thanks to the grocer's new petrol promotion. more information

16-Jul-2019

How Egypt promotes its fuel price increase
16-Jul-2019 by Al Monitor
An Egyptian government advertising campaign paves the way for a fuel price increase for the fifth time since President Abdel Fattah al-Sisi took power — but is this in the citizens’ best interest? more information
South Africa: Fuel price hike predicted as oil prices soar
16-Jul-2019 by EWN
International oil prices, which showed a decline in the first week of July, have soared again due to concerns over international inventories and ongoing political instability in the Middle East. more information

11-Jul-2019

Zambia: Fuel Prices to Go Up?
11-Jul-2019 by AllAfrica
The Government has projected a rise in the fuel pump prices driven by the depreciation of the Kwacha and increased cost of crude oil on the international market. more information

04-Jul-2019

Rwanda: Fuel prices ease slightly
04-Jul-2019 by All Africa
According to a communique from utility regulator, Rwanda utility Regulatory Agency (RURA), effective today, a litre of petrol will cost Rwf1,080, down from Rwf1,096. more information
Relief for Tanzania motorists as fuel prices drop for the first time in six months
04-Jul-2019 by The East African
Motorists in Tanzania will this July experience price break at the pumps for the first time since January. Energy and Water Utilities Regulatory Authority (Ewura) on Wednesday announced decreases in retail and wholesale prices for petrol, diesel and kerosene imported through the port of Dar es Salaam. more information

02-Jul-2019

Gas prices jump a nickel ahead of Independence Day holiday
02-Jul-2019 by AAA
Following weeks of steady pump price declines, gas prices are starting to increase across the country. On the week, a gallon of regular unleaded is, on average, a nickel more expensive with nearly 25 states seeing an increase of a nickel or more since last Monday. more information

26-Jun-2019

China to cut retail fuel prices
26-Jun-2019 by Xinhua Net
China will reduce the retail prices of gasoline and diesel starting Wednesday, the country's top economic planner said Tuesday. more information

19-Jun-2019

Supermarket price crash in the UK as stores slash fuel costs
19-Jun-2019 by Express
UK supermarket giants have cut the cost of fuel in the UK, making petrol and diesel cheaper to purchase. The big four supermarkets in Britain - Asda, Morrisons, Sainsbury’s and Tesco - have alls slated their fuel prices for drivers by up to 4p per litre. more information

17-Jun-2019

Australia: Perth fuel prices to go up $10 a tank tomorrow
17-Jun-2019 by The West Australian
Perth’s average fuel price is set to increase by more than 20 cents a litre tomorrow, putting the price of an average 50 litre tank of fuel up by $10. more information

14-Jun-2019

USA: Fuel prices vary with tax rates by state
14-Jun-2019 by EC&M
The average gasoline tax rate in the United States sat at 27.6 cents per gallon with diesel taxes averaging 27.3 cents per gallon in 2017. more information

13-Jun-2019

Fuel price up again in Zimbabwe
13-Jun-2019 by Bulawayo
Zimbabwe Energy Regulatory Authority (Zera) has marginally increased the price of petrol and diesel by ZWL$0,29 and ZWL$0,18, respectively, with immediate effect as the local currency continues to plunge against the United States dollar. more information
Petrobras revises timing of price adjustments for diesel and gasoline
13-Jun-2019 by Reuters
Brazilian state-run oil company Petroleo Brasileiro SA said on Wednesday that its management approved a revision in scheduling of price adjustments for diesel and gasoline in its refineries. more information

12-Jun-2019

South Africa: Petrol price for July forecast to drop “significantly”
12-Jun-2019 by The South African
This is not a drill: The petrol price forecast for July has arrived, and a substantial drop is on the cards for South Africa's long-suffering motorists. more information

11-Jun-2019

USA: Gasoline prices set to plunge at the pump
11-Jun-2019 by Bloomberg
Hold up on buying gasoline for a week, and the price could drop by an average 16 cents a gallon nationwide. If you fill up a Ford Expedition, that’s a nifty $5.36 in savings. more information

10-Jun-2019

India: Petrol, diesel rates cut across Metros
10-Jun-2019 by NDTV Profit
Petrol and diesel prices were cut by oil marketing companies on Sunday, marking a fourth straight day of reduction in the fuel rates. With effect from 6 am on Sunday, the price of petrol was at Rs. 70.56 per litre in New Delhi, Rs. 72.81 per litre in Kolkata, Rs. 76.25 per litre in Mumbai and Rs. 73.30 per litre in Chennai, according to Indian Oil Corporation's (IOC) website, iocl.com. more information
Pakistan: Hoti slams govt for hike in petroleum prices
10-Jun-2019 by The Nation
Pakistan People’s Party provincial leader Nawabzada Aurangzeb Khan Hoti has slammed the federal government for yet another increase in prices of petroleum commodities, and termed it ‘petrol bomb’ upon poverty-stricken masses on the eve of Eidul Fitr. more information

06-Jun-2019

More than one-quarter of the gasoline sold in Colombia is used to make cocaine
06-Jun-2019 by Business Insider
Colombia is investigating 33 gas stations — many in rural areas where criminal activity and cocaine production is present — for having suspiciously high demand for gasoline. As much as 70 million gallons, or 28%, of the 250 gallons of gas sold in Colombia in 2018 were used for cocaine production, officials say. more information

04-Jun-2019

Zimbabwe Govt warns against fuel price increases as dealers begin trading product at $8
04-Jun-2019 by Energy Mix Report
Government has ordered fuel dealers to stick to prices announced by the Zimbabwe Energy Regulatory Authority (ZERA) a week ago amid reports Tuesday the price of the scarce commodity was going up again. more information

03-Jun-2019

USA: California gas prices soar as national average approaches $3
03-Jun-2019 by USA Today
The national average hit $2.90 on Friday, up 20 cents from a month ago and 8 cents more than a year ago, according to AAA. California is a big reason for the spike in the national average. more information
Zimbabwe: Fuel prices go up again?
03-Jun-2019 by Bulawayo
The prices of fuel in some parts of Harare has gone up to $7.97 for petrol and $7.80 for diesel. Pictures from different garages circulating on social media confirm that prices have indeed gone up. more information
South Africa: What you’re likely to pay, as carbon tax takes its toll
03-Jun-2019 by The South African
Our winter of discontent is likely to continue in June, despite the petrol price showing slight improvements. But diesel users will still feel the pain. more information

28-May-2019

Crisis in Venezuela: the unusual ways to pay for gasoline
28-May-2019 by BBC World News
Egar picks up the hose and wrinkles the ten-bolívares bill that the driver who has just filled the tank. Then he throws it into the cardboard box on the floor where he keeps the collection of the day of the gas station in Caracas where he works. There are a lot of bolivars. But the bolivar is worth so little that the total value of that mountain of paper does not even reach half a dollar to change. more information
Zimbabwe hikes fuel prices amid economic crisis
28-May-2019 by VOA Zimbabwe
The Zimbabwe Energy Regulatory Authority (ZERA) has increased prices of fuel by between 46 and 49 percent with immediate effect, a situation that may result in steep increases of prices of basic commodities. more information

27-May-2019

U.S. gasoline prices this Memorial Day weekend are nearly the same as last year’s
27-May-2019 by U.S. Energy Information Administration
Heading into the 2019 Memorial Day weekend, regular gasoline prices averaged $2.85 per gallon (gal) nationally on May 20, slightly lower than last year’s price of $2.92/gal before the holiday weekend. EIA expects U.S. regular retail gasoline prices will increase in the coming months and average $2.92/gal during the 2019 summer season (April through September), 7 cents/gal higher than last summer, according to EIA’s May Short-Term Energy Outlook. more information

23-May-2019

Iran, US-China trade dispute, OPEC stance and your gasoline bill
23-May-2019 by The Hindu
After touching $75 a barrel, Brent has been hovering in the $72-74 range since the beginning of this week. more information

21-May-2019

New Zealand: why does the price of petrol vary so much?
21-May-2019 by Stuff
The national average price for a litre of 91 octane petrol has risen another 5 cents to $2.35, according to the Automobile Association (AA). That follows a similar rise last week. more information

17-May-2019

Finland's petrol prices 5th highest in EU
17-May-2019 by yle.fi
Drivers in Finland paid 1.59 euros but in Sweden gas cost less, at 1.56 euros per litre. The most affordable petrol was found in Bulgaria, where a litre cost 1.11 euros. more information

14-May-2019

70 percent of Canadians are concerned about skyrocketing fuel price
14-May-2019 by The Post Millennial
According to a Nanos poll conducted for CTV, a majority of Canadians are expressing worry about the rising cost of gasoline. more information
Long Canadian summer of high gasoline prices expected
14-May-2019 by The Star Phoenix
In Saskatoon, the price per litre of gasoline on Monday was hovering around $1.29 while Regina was around $1.25. more information

09-May-2019

India: Petrol, diesel prices fall across major cities
09-May-2019 by CNBC
Petrol price in Mumbai stood at Rs 78.44 a litre while diesel was at Rs 69.74 per litre, at par with levels seen at the end of March. more information

08-May-2019

South Africa: Petrol prices keep climbing
08-May-2019 by Moneyweb
The spike in the fuel price on Wednesday and growing unrest in oil-producing Venezuela have done little to assuage fears that the petrol price is set to continue its upward trajectory for most of this year. more information

06-May-2019

USA: Gas prices fluctuate moderately across the country
06-May-2019 by AAA
With the national gas price average at $2.89 – just a penny more expensive than last week – the majority of states are seeing moderate jumps and even declines at the pump. more information

25-Apr-2019

Average retail price of A-95 petrol at Ukrainian filling stations exceeds US$1.09 per liter
25-Apr-2019 by Unian
The average retail price of A-95 petrol at Ukrainian gas stations exceeded UAH 29.15, or US$1.09 per liter on Wednesday, April 24. more information
Price of petrol in Italy spikes at more than €2 a litre
25-Apr-2019 by The Local
With the US seeking to block Iran's oil exports and fighting raging in Libya, the rising cost of crude is being passed on to consumers, according to the Italian government's Fuel Observatory, which monitors petrol prices. more information
India: Petrol, diesel prices revised after a gap of three days
25-Apr-2019 by NDTV
With effect from 6 am on Thursday, the price of petrol in Delhi was at Rs. 73.02 per litre while that of diesel was at Rs. 66.54 per litre. more information

23-Apr-2019

Fuel and food hikes won't lift Australia out of inflation rut
23-Apr-2019 by The Sydney Morning Herald
Drought-driven food price spikes and building pressure at the petrol pump will not be enough to lift stubbornly low inflation this year or, economists predict, alter the Reserve Bank's likely next move on interest rates. more information
New Zealand: Petrol prices set to soar
23-Apr-2019 by Newstalk ZB
The price for fuel in New Zealand varies throughout the country. The current average price for unleaded petrol is around $2.30, and diesel costs around $1.65 per litre more information

22-Apr-2019

How much more are you willing to pay for fuel to save the planet?
22-Apr-2019 by Irish Times
Bank of England governor Mark Carney forged an unlikely – and no doubt unwitting – alliance with London’s climate change protesters this week: a warning to banks and financial markets that behaviour has to change. more information

19-Apr-2019

Californians paying most expensive pump prices in five years
19-Apr-2019 by AAA News
Pump prices have spiked in California as unexpected and planned maintenance and the switchover to more-expensive summer blend gasoline continues, ultimately increasing the national average. more information

17-Apr-2019

Record-high petrol prices may hit South Africans this winter
17-Apr-2019 by The South African
We're starting to think a horse and cart would be less hassle: Petrol prices are set for an increase in May, and a winter of discontent waits for SA's motorists. more information
UK: Cost of petrol and diesel to soar this Easter after hike in oil prices
17-Apr-2019 by iNews
Motorists are to face an increase in petrol and diesel costs this Easter, following the rising price hike of oil. Those who are planning a getaway over the Easter break could end up paying as much as 145.9p per litre for petrol at motorway stations – significantly higher than the national average. more information
Nigeria: Petrol landing cost now N180 per litre
17-Apr-2019 by NAIJ
The minister of state for petroleum resources, Ibe Kachikwu on Tuesday, April 16, revealed that the landing cost of petrol is higher than the pump price (N145 per litre) by N35. more information

16-Apr-2019

Mexico: Shell tops government’s list of gasoline prices
16-Apr-2019 by Mexico News Daily
The federal energy secretary today named the gas station chains which sold the cheapest and most expensive fuel in Mexico last week. more information

15-Apr-2019

Saudi Arabia raised the local price for Octane 95 gasoline
15-Apr-2019 by AlArabiya
Saudi Arabia raised the local price for Octane 95 gasoline to 2.10 Riyals from 2.02 Riyals last quarter and Octane 91 to 1.44 Riyals from 1.37 Riyals per liter, state oil firm Saudi Aramco said on Saturday. more information

12-Apr-2019

Rising gasoline prices and rents boost US consumer prices in March
12-Apr-2019 by CNBC
The Labor Department’s Consumer Price Index rose 0.4% boosted by increases in the costs of food, gasoline and rents. That was the biggest advance since January 2018 and followed a 0.2% gain in February. more information

10-Apr-2019

Why oil and gasoline prices are rising faster than analysts expected this year
10-Apr-2019 by CNBC
Oil prices are rising faster this year than many energy analysts expected, leaving many consumers to wonder how much further their gasoline bills will jump. more information
Mexican president says won't increase gasoline prices
10-Apr-2019 by PL
The price of fuels in Mexico will not increase beyond the inflation index, President Andres Manuel Lopez Obrador reiterated this Tuesday in his morning press conference at the National Palace. more information

09-Apr-2019

USA: Why pump prices are going up and where gasoline is the most expensive
09-Apr-2019 by USA Today
Drivers in the West Coast, Rockies, Great Lakes and Central regions are feeling the pinch the most, while motorists east of the Mississippi River are seeing more moderate increases. more information
USA: How high are gasoline prices really? It's a matter of perspective
09-Apr-2019 by Forbes
Gasoline prices at the pump have risen steadily throughout the first quarter of 2019, and that naturally causes consternation among consumers who feel the financial pain each time they fill up their tank. more information

08-Apr-2019

Greeks cut down on gasoline due to high taxes and prices
08-Apr-2019 by Ekathimerini
Fuel market data for the first two months of this year are raising concern, as demand for gasoline shrank 5.9 percent on an annual basis, while that for diesel was only up 1.4 percent on the January-February period last year. more information

02-Apr-2019

Prices of octane 95 petrol in Egypt remains LE7.75 per liter
02-Apr-2019 by Egypt Independent
A technical committee entrusted to the automatic pricing of octane 95 petrol decided on Monday not to raise its price on the local market, keeping it at LE7.75 per liter during the second quarter of this year until the end of June. more information
South Africa: All the details on tomorrow’s massive fuel hike
02-Apr-2019 by The Citizen
Consumers will have to dig deeper into their pockets following Energy Minister Jeff Radebe’s announcing this latest fuel hike. more information

01-Apr-2019

Divergence in diesel and petrol prices is forecast to continue widening
01-Apr-2019 by Business Day
Oil production growth has not had to meet demand growth in its entirety for two years, but the extent of the inventory overbuild is not a patch on what it was in 2016 more information

18-Mar-2019

Philippines: Big-time oil price hike this week
18-Mar-2019 by Manila Bulletin
Pump prices of gasoline products are anticipated to rise by as much as P1.50 to P1.65 per liter this week, owing primarily to cost upswings in the world market. more information

11-Mar-2019

Taiwan: CPC maintains fuel prices to match S Korean price level
11-Mar-2019 by Taipei Times
Prices of gasoline and diesel at CPC Corp, Taiwan (CPC, 台灣中油) gas stations are to remain unchanged this week, the firm said. more information

28-Feb-2019

Israel: Gasoline prices to rise sharply Thu night
28-Feb-2019 by Globes
The maximum price of government price controlled 95 octane gasoline at self-service pumps in Israel will rise by NIS 0.21 to NIS 6.12 per liter on Thursday night at midnight, March 1. more information

27-Feb-2019

Canada: January inflation rate slows to 1.4% amid lower gasoline prices
27-Feb-2019 by Global News
The country’s annual inflation rate decelerated last month to 1.4 per cent in January in large part because of lower prices at the pump, Statistics Canada said Wednesday said in a new report. more information

26-Feb-2019

Philippines: Gasoline, diesel, kerosene prices up for 3rd consecutive week on Tuesday
26-Feb-2019 by GMA News
Higher pump prices of petroleum products will again greet motorists on Tuesday, marking the third consecutive week of fuel price increases. more information
Taiwan: Diesel price to increase, but gasoline unaffected
26-Feb-2019 by Taipei Times
Domestic diesel prices are up NT$0.4 per liter this week, while gasoline prices remain unchanged, Taiwan’s two major suppliers announced yesterday. more information

22-Feb-2019

Brazil economy, gasoline price hikes boost ethanol outlook as crop nears
22-Feb-2019 by Reuters
Rising gasoline prices in Brazil and improved economic prospects in 2019 are boosting the outlook for ethanol sales and mills may once again skew toward the biofuel and away from sugar as the new cane crop approaches. more information

21-Feb-2019

U.S. gasoline prices rise on refinery problems
21-Feb-2019 by UPI
Gasoline prices rose week-over-week in the United States, mainly due to refinery maintenance -- when plants stop or limit productions to sell only from inventories. more information

20-Feb-2019

Hungary Mol raises fuel prices
20-Feb-2019 by Portfolio
Hungarian oil and gas group Mol has raised the wholesale list price of 95-octane gasoline and diesel by HUF 5 per litre each on Wednesday. more information
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