Global petrol prices news digest

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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

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

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

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

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

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

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

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

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

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

19-Feb-2019

Gasoline prices decline in Russia

19-Feb-2019 by Vestnik Kavkaza

Retail prices of the regular (Ai-92) and the premium (Ai-95) gasoline declined in a number of Russian regions last week, according to data provided by the Central Dispatching Department of Fuel Energy Complex. more information

15-Feb-2019

SA Petrol prices: Substantial increases on the way for March

15-Feb-2019 by The South African

The stars have aligned in the worst possible way for the motorists of Mzansi, who are facing a significant increase in diesel and petrol prices next month. more information

India: Petrol price up more than Rs. 1.6/litre so far in 2019

15-Feb-2019 by NDTV Profit

Petrol and diesel prices were hiked marginally on Friday, the second consecutive day of upwards price revision. more information

14-Feb-2019

Kenya: Relief as price of diesel drops to 13-month low

14-Feb-2019 by Daily Nation

In Thursday’s price review, a litre of diesel in Nairobi will now retail at a maximum Sh95.96, following a Sh6.28 cut. more information

13-Feb-2019

Danish parties want to increase price of petrol and diesel

13-Feb-2019 by CPH Post

According to the Global Fuel Price Index from last year, Denmark is among the most expensive countries to fill up your car with petrol. more information

12-Feb-2019

The latest gasoline prices around the world

12-Feb-2019 by Love Money

Political unrest in Venezuela, a weakening Chinese economy and an unexpected increase in US output have resulted in falling crude oil prices, and this drop has translated to lower petrol prices at the pumps in many countries. more information

11-Feb-2019

Indonesia Pertamina lowers prices after pricing rules change

11-Feb-2019 by Reuters

Indonesia state energy firm PT Pertamina, starting Feb 10, lowered prices of its fuel by up to 800 rupiah per litre, the company said after the government changed fuel pricing formulation rules. more information

08-Feb-2019

Europe's diesel drivers beware: Heftier tax is on the way

08-Feb-2019 by Bloomberg

Here’s another reason not to buy a diesel-powered car, and why consumption of the fuel could ebb in one of the world’s biggest demand centers: tax. more information

07-Feb-2019

Kazakhstan ranks first in gasoline cheapness among 33 countries

07-Feb-2019 by Azernews

In absolute prices, the lowest cost is noted in Kazakhstan. The liter of the 95th gasoline makes 181 tenges ($0.47). In the second place is Russia with 263.7 tenges ($0.69) per liter. Belarus ranked third - 274.8 tenges ($0.72). The price in Ukraine is 421 tenges ($1.10). more information

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