Topic
fuel prices
60 stories related to this topic, newest first.
freepressjournal.inbusiness2 days ago
Gasoline, diesel and jet fuel prices rise as crude oil costs ease
Refined fuel prices in the United States and Europe have increased even as global crude benchmarks declined. The divergence has raised costs for summer travelers and added to inflation concerns.
moneycontrol.comfinance4 days ago
European Diesel Refining Margins Hit Record Above $60 per Barrel as Fuel Prices Rise
Diesel margins in Europe reached over $60 per barrel on July 9. The NYMEX 3-2-1 crack spread also set a record at $64.58 per barrel on July 8 amid export bans and low inventories.
techjuice.pkfinance4 days ago
India Directs ONGC to Build New Crude Storage Site
India’s government has asked state-owned Oil and Natural Gas Corp to construct and fill a new strategic petroleum reserve holding 1.75 million tons of crude. The project follows an energy supply crunch that raised fuel prices and inflation in the world’s third-largest oil importe…
sportsnet.cabusiness6 days ago
Jet fuel prices fall 40 percent since April peak while ticket prices stay elevated
Airlines raised fares after jet fuel prices doubled earlier this year. Fuel costs have since dropped sharply, but carriers have not lowered ticket prices.
globalnews.cabusiness7 days ago
Air Canada Halts or Delays Eight Routes to U.S. Cities This Fall
Air Canada will cancel or postpone eight transborder flights starting this fall. The changes follow earlier capacity cuts by Canadian carriers after jet fuel prices rose.
Rapplerworld8 days ago
Philippine fuel prices to rise July 7 with diesel and kerosene increases
Oil companies will raise diesel and kerosene prices starting July 7. Gasoline prices may increase by up to 25 centavos per liter or decrease by as much as P1.75 per liter.
insightsonindia.combusiness8 days ago
South Korean Prosecutors Charge Four Refiners With Colluding on Fuel Prices
All four South Korean refiners face charges over alleged coordination that caused $17 billion in harm. Prosecutors also charged four employees after the February outbreak of war between the United States, Israel and Iran.
Rapplerworld11 days ago
Transportation agency partners with GCash to deliver fuel subsidy to public transport drivers
The Land Transportation Franchising and Regulatory Board has begun sending fuel assistance directly to verified drivers through their GCash accounts. The program removes the need for in-person collection and aims to speed delivery amid higher global fuel prices.
livemint.comworld11 days ago
AAA Projects Record 72 Million Travelers for July Fourth Week
AAA forecasts more than 72 million people will travel during the July Fourth holiday period, exceeding prior years. Air carriers and rental firms report higher bookings while fuel prices remain elevated.
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Yonhapworld12 days ago
South Korea Consumer Prices Rose 3.2 Percent in June While Core Inflation Held at 2.5 Percent
South Korea's consumer prices increased 3.2 percent year-on-year in June, the second straight month above 3 percent and the sharpest rise since December 2023. Fuel prices rose 24.7 percent and contributed nearly one percentage point to the headline figure.
rferl.orgfinance13 days ago
Fuel Prices Rise in Kyrgyzstan, Tajikistan, Uzbekistan After Russian Refinery Disruptions
Disruptions at Russian refineries have reduced fuel supplies to Central Asia, pushing prices higher in Kyrgyzstan, Tajikistan, and Uzbekistan. Governments are seeking imports from Kazakhstan, Azerbaijan, China, and Iran.
pbs.orgworld17 days ago
Airfares Stay Elevated After Jet Fuel Prices Drop
Domestic airfares booked for late June through August are 15 percent higher than last year. Jet fuel prices have fallen more than 40 percent from February peaks, yet ticket prices have not followed.
The Guardianai21 days ago
California Drivers Sue Major Gas Stations Over AI Pricing Tool
Drivers filed a class-action lawsuit Monday alleging several major gas station chains used an AI tool to coordinate higher fuel prices in California. The suit claims the practice violates a state law against algorithmic price fixing and seeks court-ordered relief.
manilatimes.networld22 days ago
Philippine Fuel Prices to Fall on June 23 With Rollbacks Up to P11.82 per Liter
Energy Secretary Sharon Garin announced the cuts on June 22. Gasoline, diesel, and kerosene prices will decline effective the next day after international crude eased.
Abc Newsworld24 days ago
Nigerians Repatriated from South Africa Cite Safety Gains but Face Higher Fuel Costs and Job Shortages
Hundreds returned on a June 11 flight after anti-migrant protests; returnees cite fuel prices that rose from 85 naira to 1,400 naira per liter since 2016.
Substrate placeholder — needs reviewbusiness25 days ago
Iran-US Deal Reopens Strait of Hormuz but Defers Nuclear Talks 60 Days
The 18 June agreement ends the US-Israel war with Iran and sets the Strait of Hormuz to reopen. UK and US fuel prices remain well above pre-war levels, and household energy bills will rise 13 percent from July.
naturalnews.comfinance27 days ago
China Gasoline Car Sales Fell 22% in May Amid Rising Fuel Prices
Chinese passenger car sales fell more than 22% in May. Discounts on gasoline vehicles nearly doubled in the first five months of the year as fuel prices rose.
manilatimes.networld27 days ago
Global EV Sales Projected to Reach 23 Million in 2026
Global electric vehicle sales are expected to total 23 million units this year. The figure marks an 11 percent increase from 2025 levels amid higher fuel prices linked to the Iran war.
winnipegfreepress.comworld29 days ago
Kenya to Review Fuel Prices on Sunday
Motorists and businesses await the June-July fuel price announcement after last month's diesel and petrol increases. Officials had pledged relief measures following transport sector protests.
The Sydney Morning Heraldpolitics30 days ago
Australia Prepares for Petrol Demand Spike as Fuel Excise Cut Ends
Fuel suppliers and the federal government are preparing for a surge in demand before a 32-cent-per-litre excise discount expires at the end of the month. The temporary cut was introduced in April after fuel prices rose following the closure of the Strait of Hormuz.
thenation.comworld31 days ago
UK Economy Shrinks Slightly Amid Higher Fuel Prices from Iran War
New official figures show the UK economy contracted slightly amid higher fuel costs linked to the Iran war.
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winnipegfreepress.compolitics32 days ago
Indonesian Students Protest Fuel Price Rise and State Spending
Hundreds of students marched in Jakarta on Friday against higher fuel prices and a government free-meals program. Demonstrators said the measures risk bankrupting the country and cited recent mass poisonings and corruption allegations.
cnbc.comfinance35 days ago
Energy Secretary Wright Meets House Republicans Before Closed-Door Conference
Energy Secretary Wright held a meeting with House Republicans before their closed-door conference. The discussion addressed concerns over current fuel prices ahead of upcoming midterm elections.
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rediff.comfinance35 days ago
British Airways Chief Executive Says Higher Jet Fuel Prices Will Raise Airfares
British Airways chief executive Sean Doyle stated that sustained high fuel costs will require the airline to increase ticket prices. Jet fuel now costs $1,710 per metric tonne, more than double last year's price. The Strait of Hormuz, which supplies about 40 percent of Europe's j…
Substrate placeholder — needs reviewfinance36 days ago
U.S. Consumer Spending Holds Steady Despite Higher Fuel Prices
Americans continue to spend but are buying less gasoline per trip and fewer non-grocery goods. Warehouse clubs report more fuel visits while convenience stores and apparel retailers see declines.
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Fortunefinance36 days ago
U.S. Consumers Shift Buying Patterns as Average Gas Price Reaches $4
Retail executives and data firms report more frequent but smaller fuel purchases at warehouse clubs and reduced spending on clothing, furniture, and non-grocery items. The changes coincide with higher fuel prices that began after the Iran conflict started in late February.
ibtimes.compolitics38 days ago
Trump Holds Farming Roundtable in Wisconsin, Vows Lower Fertiliser and Fuel Prices Ahead of Midterms
President Trump held a farming roundtable in Chippewa Falls on Friday to support Republican Representative Derrick Van Orden ahead of November midterms. He pledged lower fertiliser and gas prices after the Iran conflict raised input costs.
swissinfo.chbusiness40 days ago
U.S. Airlines Suspend Select Routes as Jet Fuel Prices Rise
Several carriers have announced temporary cuts to domestic and international flights. The reductions follow a reported doubling of jet fuel prices linked to the Iran conflict.
jurist.orgworld40 days ago
Pentagon reports higher fuel costs and training cuts
The Defense Department has recorded a nearly 27 percent rise in average fuel prices since October. The Army has reduced training programs and flight hours to address a multi-billion-dollar shortfall through September.
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japantimes.co.jpworld43 days ago
Yamato Transport Discusses Fuel Surcharge for Corporate Deliveries Amid Oil Market Uncertainty
Transport companies including Yamato are discussing domestic fuel surcharges for corporate deliveries after fuel prices rose following the U.S. and Israeli attack on Iran and the effective blockade of the Strait of Hormuz.
indiatoday.intoday.inbusiness43 days ago
Iran war raises jet fuel costs and cuts flights to Southeast Asia
Elevated fuel prices and route changes linked to the Iran conflict have prompted airlines to cancel flights and increase fares to tourism-dependent countries. Tourism revenue supports millions of jobs and contributes up to 13 percent of GDP in Thailand.
Bloombergfinance46 days ago
Kenyan Inflation Reaches More Than Two-Year High in May
Kenyan inflation rose to its highest level in more than two years during May. The increase followed a sharp rise in local fuel prices linked to the Iran conflict.
247wallst.comworld48 days ago
Americans Cut Car Use as Fuel Prices Rise
Rising gasoline costs have prompted some drivers to seek alternatives. One reported case involves switching to a battery-powered toy vehicle for short trips.
upi.comworld48 days ago
U.S. lawmakers examine higher aviation fuel costs for fiscal 2027 defense bill
Lawmakers are reviewing the impact of increased fuel prices on military aviation budgets ahead of the fiscal 2027 National Defense Authorization Act. The discussion occurred during a Senate hearing on the Department of Defense posture.
Usa Todaytechnology48 days ago
Toyota Study Finds Most Plug-In Hybrid Drivers Charge Vehicles Regularly
A Toyota study reports that owners of its plug-in hybrid models connect to chargers on most driving days. The data addresses questions about real-world charging habits amid higher fuel prices.
notesfrompoland.comworld50 days ago
Poland Caps Fuel Prices, Drawing Cross-Border Drivers
Poland's government has introduced a program that limits fuel prices at domestic pumps. The measure has prompted drivers from neighboring countries to travel across the border to purchase fuel.
Semaforworld50 days ago
African Development Bank Opens Annual Meeting in Brazzaville
The African Development Bank began its week-long annual meeting on May 25, 2026, in Brazzaville. The gathering occurs against the backdrop of an Ebola outbreak in central Africa and higher fuel prices linked to the Iran war.
thehindubusinessline.comfinance50 days ago
India Raises Fuel Prices for Fourth Time This Month
State-owned Indian refiners raised retail fuel prices for the fourth time in a month. Diesel prices have risen 8.6 percent and gasoline 7.8 percent since the start of May.
Al Jazeeraworld50 days ago
Pakistan Livestock Traders Report Lower Sales Ahead of Eid al-Adha
Traders at one of Islamabad’s largest cattle markets said rising fuel prices linked to regional tensions have increased transport and feed costs. Higher animal prices have reduced buyer demand in the weeks before Eid al-Adha.
Nbc Newsbusiness51 days ago
Higher Fuel Prices Expected for U.S. Summer Travel
Disruptions linked to conflict near the Strait of Hormuz are raising fuel costs for American drivers and airline passengers. NBC News reported that millions of travelers face elevated prices this summer season.
dailyhodl.comworld52 days ago
U.S. Lawmaker Introduces Bill to Suspend Federal Gas Tax
A member of Congress is co-sponsoring legislation to suspend the federal gas tax through October 2026. The proposal follows reported increases in fuel prices linked to U.S. military operations.
AJ
world52 days ago
Darwin Hospitality Businesses Report Lower Bookings and Higher Costs
Several Top End operators say visitor numbers have fallen and fuel prices have risen ahead of the peak tourism season. One Darwin restaurant closed after two years, while others seek renewed government support measures.
Semaforworld53 days ago
U.S. Retailers Report Weaker Sales Outlook as Fuel Prices Rise
Walmart and Target executives described declining consumer spending and lower fuel purchases. The reports come as fuel prices rise during the Iran conflict.
nypost.comworld53 days ago
Chevron Places Signs at California Stations Blaming State Policies for High Gas Prices
Chevron has posted signs at its California gas stations attributing elevated fuel prices to state policies. The signs appear ahead of the Memorial Day weekend as statewide averages exceed the national figure.
bstrategyhub.combusiness54 days ago
Walmart, Target and TJX report higher sales as fuel costs rise
Walmart, Target and TJX reported sales growth in recent quarters. The results came as higher fuel prices increased costs for many goods.
world54 days ago
Cattle Markets Open in Depok Ahead of Eid al-Adha
Cattle markets have opened in Depok, Indonesia, ahead of Eid al-Adha. Sellers report fewer customers as fuel prices rise and the rupiah reaches record lows.
rigzone.comworld54 days ago
EasyJet Chief Says Summer Flights Unaffected by Jet Fuel Supply Issues
EasyJet reported no fuel supply problems at its airports. The airline noted later booking patterns linked to Middle East developments and higher fuel prices.
thestreet.comfinance54 days ago
IEA Projects Electric Vehicle Sales to Reach 23 Million Globally in 2026
The International Energy Agency reported that electric vehicle sales are projected to reach 23 million units worldwide this year. The forecast follows a 20 percent increase in global EV sales last year and comes amid higher fuel prices.
rigzone.compolitics55 days ago
UK Extends Fuel Duty Freeze Until End of 2026
Prime Minister Keir Starmer announced the extension of the fuel duty freeze and additional cuts for farmers and hauliers. The measures respond to rising fuel prices linked to conflict in the Middle East.
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The Independentworld55 days ago
Survey: 29 Percent of London Drivers Consider Cycling as Fuel Prices Rise
A poll of 1,000 London adults shows 28 percent of drivers cycling more or planning to switch due to higher petrol and diesel prices. The increase follows restrictions on tanker traffic through the Strait of Hormuz that began on 28 February.
newser.comworld55 days ago
Oregon Voters Reject Gas Tax Increase
Oregon voters rejected a gas tax increase passed last year by Democratic lawmakers. The measure was referred to voters by Republicans during a period of higher fuel prices linked to the war with Iran.
Newsweekworld56 days ago
Rising Fuel Prices Prompt Shift Toward Electric Vehicles in U.S. and Europe
New car buyers in the U.S. and Europe are showing increased interest in alternative fuel vehicles as gasoline and diesel prices rise amid the ongoing conflict in Iran. HSBC Bank analysts noted that prolonged supply disruptions could accelerate electric vehicle sales.
france24.comworld56 days ago
Four Killed in Kenya Protests Over Record Fuel Price Rise
Four people died and at least 30 were injured Monday during nationwide protests against a sharp increase in fuel prices. Interior Cabinet Secretary Kipchumba Murkomen reported 348 arrests as transport operators staged a coordinated strike that stranded commuters across the countr…
finance.yahoo.comfinance56 days ago
Ryanair CFO States Airline Has Contingency Plan for Jet Fuel Prices
Ryanair's chief financial officer stated the airline maintains plans for severe fuel price increases linked to the Iran conflict. The company has hedged 80 percent of its summer fuel needs at lower prices than last year.
Fortunefinance57 days ago
Kenya Fuel Prices Reach Record Highs as Protests and Strike Begin
Fuel prices in Kenya hit record levels on Friday. Protests and a public transport strike began Monday in Nairobi over the increases.
dnaindia.comworld57 days ago
India Tightens Rules on Gold and Silver Imports
India has introduced stricter controls on gold and silver imports as fuel prices rise and the rupee reaches a record low against the dollar. The measures follow increased energy costs linked to the Iran conflict.
rte.ieworld57 days ago
Philippine fuel prices to rise this week as inventory falls to 45 days
The Department of Energy announced that gasoline and diesel prices will increase starting May 19 while kerosene prices will decrease. The country's fuel inventory now stands at 45 days, down from 50 days last week.
bbc.co.ukworld57 days ago
Kenya Transport Operators Strike Nationwide Over Record Fuel Prices
Public transport operators across Kenya launched a nationwide strike to protest sharp increases in fuel prices. Key roads in Nairobi stayed largely empty and some schools directed students to remain at home.
foxnews.compolitics57 days ago
Trump Approval Rating Falls to 37 Percent in NYT-Siena Poll
A new New York Times/Siena poll shows President Trump's overall approval rating at 37 percent. The decline coincides with rising fuel prices and public disagreement over the ongoing conflict with Iran.
The Hillpolitics57 days ago
Former Transportation Secretary Criticizes Current Secretary Over Reality Show
A former transportation secretary criticized the current secretary's participation in a reality show about road trips. The comments came during a television interview and referenced rising fuel prices and public spending.