Tag: Fuel Pricing

Fuel prices continue to fall as global crude rates ease | The Economic Times

Fuel prices continue to fall as global crude rates ease | The Economic Times

State-run oil-marketing companies continued to cut the prices of key transport fuels — petrol and diesel — well into the fourth week on Saturday on lower global crude oil prices. According to the Indian Oil Corp data, petrol was priced at Rs 77.89 per litre in the national capital on Saturday, 17 paise lower from […]

Capping petrol price ‘will hit profit and lead to job losses’, fuel retailers warn | BusinessDay

Capping petrol price ‘will hit profit and lead to job losses’, fuel retailers warn | BusinessDay

The Fuel Retailers Association, representing more than 2,500 fuel retailers, has hit back at the government’s proposal to cap the price of 93 octane petrol, claiming it will cut into wafer-thin profit margins and accelerate job losses in the sector. In a bid to ease the pressure high petrol prices are putting on consumers, the […]

Government urged to set up fuel pump pricing watchdog | theHRD

Government urged to set up fuel pump pricing watchdog | theHRD

What we pay to fill up our cars vans and trucks isn’t regulated at all. And having no government overseer or impartial pricing body means that how, when and why forecourt prices rise, and fall remains a closely guarded secret. Howard Cox, Founder – FairFuelUK. FairFuelUK along with hundreds of MPs and their constituents want […]

Coal pricing drives Union Pacific Q3 revenue despite fall in carloads: company | S&P Global Platts

Coal pricing drives Union Pacific Q3 revenue despite fall in carloads: company | S&P Global Platts

Houston — Coal pricing has been a primary factor driving revenue growth in the Union Pacific’s third quarter earnings despite a 3% fall in coal and coke carloads, railroad executives said Thursday. In addition, increased fuel surcharge revenue along with a 6% increase in volume were primary drivers of revenue growth, Robert Knight, UP VP […]

EU negotiators agree ‘dynamic pricing’ of electricity | EURACTIV

EU negotiators agree ‘dynamic pricing’ of electricity | EURACTIV

Energy companies with more than 200,000 clients will be obliged to provide households with at least one offer comprising dynamic price contracts, under an EU-level agreement reached behind closed doors last week, EURACTIV.com has learned. European Union legislators made headway on a proposed overhaul of EU electricity market rules, striking an agreement on “aggregators” – or […]

More petrol pump pain as fuel prices surge in Perth | PerthNow

More petrol pump pain as fuel prices surge in Perth | PerthNow

MOTORISTS are battling the bowser, with the annual cost of filling the tank shooting up by an average of $140. Perth continued to edge towards record fuel prices this week, with petrol stations jacking up prices to a whopping 167.9¢ a litre on Tuesday and Wednesday. That’s a record for the year to date according […]

September fuel freeze not repeated in October as prices surge | Mining Weekly

September fuel freeze not repeated in October as prices surge | Mining Weekly

HIGH PRICES TO PERSIST South African Petroleum Industry Association (Sapia) executive director Avhapfani Tshifularo said the organisation supported the Minister’s decision to “apply the established rules on fuel pricing as these continue to provide certainty to consumers, investors and the industry as a whole”. He cautioned that high fuel prices were likely to persist for […]

Rising fuel prices are not the only thing making life in New Zealand more expensive | Stuff

Rising fuel prices are not the only thing making life in New Zealand more expensive | Stuff

ASB economist Kim Mundy said the cost of living was rising, particularly for day-to-day expenses like rent, fuel and electricity “These are the necessities that a household faces and it’s harder to avoid some of these costs,” Mundy said. Prices for things people spent their discretionary income on, like technology, had been increasing slowly, and actually […]

Trump Attacks OPEC Again, Demanding Cash for Military Protection | Bloomberg

Trump Attacks OPEC Again, Demanding Cash for Military Protection | Bloomberg

President Donald Trump resumed his attacks on OPEC, saying the cartel is pushing oil prices too high and demanding that some members start paying the U.S. for military protection. “OPEC nations are, as usual, ripping off the rest of the world and I don’t like it,” Trump said in a speech to the United Nations […]

Newly proposed Albania PPP raises concerns over transparency, oil price hike | Tirana Times

Newly proposed Albania PPP raises concerns over transparency, oil price hike | Tirana Times

Fuel prices rising Albania’s fuel prices have registered a hike this year, fuelled by a rise in international prices, lower domestic refining and an increase in the tax burden. Diesel and petrol in Albania currently trade at 180 lek (€1.42)/liter, reflecting international oil prices hitting a three and a half-year high of $80 a barrel, […]