Global petrol prices news digest

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12-Sep-2019

India: What you should know about high petrol prices
12-Sep-2019 by Yahoo! Finance
India is the world's fastest-growing economy and the fourth-largest auto market by sales volume. Given this, it's not surprising that the country consumed over 250 million tonnes of petroleum, the third highest in the world, in 2018. more information

10-Sep-2019

Australia: Decision of Saudi price set to hit Aussie wallets
10-Sep-2019 by 9News
Australian household budgets are set for another hit after Saudi Arabia's new energy minister confirmed he would limit the kingdom's oil production amid uncertainty in the global energy markets. more information

09-Sep-2019

Nigeria: Border closure crashes prices of petrol and diesel
09-Sep-2019 by AllAfrica
The Managing Director and Chief Executive Officer of Financial Derivatives Company Limited, Mr. Bismarck Rewane, has disclosed that following the closure of the border, petrol now sells for N144 per litre, showing that the closure has blocked smuggling of petrol to the neighbouring countries. more information

03-Sep-2019

South Africa: Here’s what you’ll pay at the pump this week
03-Sep-2019 by The South African
Minerals and energy minister Gwede Mantashe said on Monday that petrol prices would increase from Wednesday. more information
How the world of gas pricing in America has changed
03-Sep-2019 by New York Post
The unofficial end of summer is a good time to consider how much things have changed for American motorists. more information

02-Sep-2019

U.S. retail gasoline prices heading into Labor Day are lower than last year
02-Sep-2019 by U.S. Energy Information Administration
The U.S. average retail price for all formulations of regular gasoline on August 26, 2019, was $2.57 per gallon (gal), 25 cents/gal (9%) lower than the price at the same time last year. more information

29-Aug-2019

South Africa: Fuel prices set to rise again in September
29-Aug-2019 by IOL
The price of diesel is looking set to increase by around 25 cents a litre from the beginning of September, while 95 Unleaded petrol is likely to increase by 10 cents a litre, but those filling up with 93 Unleaded could actually pay 3 cents less. more information

27-Aug-2019

Zimbabwe: New fuel prices set
27-Aug-2019 by All Africa
The Zimbabwe Energy Regulatory Authority (Zera) has announced new fuel prices that differ depending on location, after the authority - for the first time ever - factored in the cost of trucking fuel. more information

12-Aug-2019

Fuel price hikes - world's most expensive petrol
12-Aug-2019 by Wheels 24
As South African motorists reel from ongoing petrol price hikes we look at fuel prices around the world. more information

31-Jul-2019

Petrol prices in UAE revised for August
31-Jul-2019 by Khaleej Times
Motorists across the UAE will have to pay more to fill up their fuel tanks as petrol prices are set to increase for the month of August. more information

30-Jul-2019

South Africa: AA predicts petrol price hike & diesel price drop for August
30-Jul-2019 by EWN
Fuel prices for August are set for changes, with predictions that the petrol price would go up and the diesel price would come down. more information
Soaring fuel prices and stagnant wages squeeze Zimbabweans
30-Jul-2019 by AlJazeera
Wages are falling further behind fuel prices, heaping pain on professional drivers and motorists in Zimbabwe. more information
Zimbabwe: The far reaching effects of fuel price increases
30-Jul-2019 by The Standard
Every driver’s nightmare has become securing fuel and getting it at an affordable price. more information

29-Jul-2019

Fuel prices in Taiwan to be cut for 2nd consecutive week
29-Jul-2019 by Focus Taiwan
Taiwan's two major fuel suppliers on Sunday announced a drop in fuel prices for the coming week, citing a slowdown in China's economic growth in the second quarter. more information
Philippines: Fuel price adjustments set tomorrow
29-Jul-2019 by PhilStar Global
Petroleum companies are rolling back gasoline prices but are raising diesel and kerosene prices tomorrow. more information

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

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
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

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

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
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

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
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
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

28-May-2019

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
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

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
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