Tag: Gasoline Prices

Varying fuel costs at pumps raise doubts about owners | Times of India

Varying fuel costs at pumps raise doubts about owners | Times of India

PUNE: Citizens are foxed by the difference in fuel prices at various pumps in Pune on any given day and time. City-based businessman, Prasanna Parmar, said he visits the pumps affiliated to all three state-owned oil companies before deciding where to refuel his vehicle. “The prices of petrol and diesel at Hindustan Petroleum Corporation Limited […]

Has surging crude oil brought politics back to energy pricing? | Livemint

Has surging crude oil brought politics back to energy pricing? | Livemint

Fuel prices in India have remained range-bound in the past six months although crude oil has surged, indicating that state-run retailers are mindful of the political impact of rising fuel prices, although they have the freedom to revise rates daily, in line with changes in crude prices. Petrol prices in Delhi rose by about 6% […]

Fuel pricing: Kachikwu’s desperate options – Henry Boyo | Vanguard News

Fuel pricing: Kachikwu’s desperate options – Henry Boyo | Vanguard News

In retrospect, Kachikwu had, infact, told reporters in Abuja on 15th December 2015, that “fuel price would no longer be fixed” and also noted that “the price of crude would continue to determine what petrol price will be”. It is instructive that Kachikwu’s statement on fuel price ‘deregulation’, was made at a time when crude […]

Review Of January 2018 First Pricing-Window: Fuel Prices To Rise Between 3 And 5% | Modern Ghana

Review Of January 2018 First Pricing-Window: Fuel Prices To Rise Between 3 And 5% | Modern Ghana

World Oil Market Prices Crude Oil prices continue to surge on the global commodity market, as Brent crude price currently averages at $67.70 per barrel, from a previous average of $63.78 per barrel, a rise of 6.12% within the last 14 days. Presently, Brent crude is selling at $69.87 per barrel; the highest price since […]

Diesel Prices Burn Holes in Pockets on Account of Firming Crude Oil Price in the Indian Basket | News18

Diesel Prices Burn Holes in Pockets on Account of Firming Crude Oil Price in the Indian Basket | News18

Fuel prices are now dynamic and unregulated which means prices change on a daily basis based on the crude oil rates and the demand and supply mechanism. Under dynamic, or real-time, pricing, price of a product can vary as fixed by individual retailers across locations and duration of the day. Retail fuel prices in the […]

Striking the right balance in fuel pricing | Punch Newspapers

Striking the right balance in fuel pricing | Punch Newspapers

The acute fuel shortage experienced during the last festive season may have abated but the major issue remains: How best to address the challenge of appropriate fuel price that guarantees adequate supply without much damage to the economy. With the international crude oil price likely to stay above US$50 per barrel in 2018 (thanks to […]

Use stabilisation levy to build strategic stocks, not as ‘subsidy’ | Graphic Online

Use stabilisation levy to build strategic stocks, not as ‘subsidy’ | Graphic Online

He told the Graphic Business in an interview that the country would be better off if the government continued to use the PSRL to build up strategic stocks to stabilise prices. He was speaking to the paper on the pros and cons of a recent directive by the Ministry of Energy (MoE), asking the NPA […]

US Producer Prices Rise At Fastest Pace In 6 Years As Payday Loan Demand Soars | Zero Hedge

US Producer Prices Rise At Fastest Pace In 6 Years As Payday Loan Demand Soars | Zero Hedge

Over two-thirds of the November increase in the index for final demand goods is attributable to prices for gasoline, which jumped 15.8 percent. The indexes for light motor trucks, pharmaceutical preparations, beef and veal, residential electric power, and jet fuel also moved higher. In contrast, prices for processed young chickens fell 5.7 percent. The indexes […]

Mansfield Energy Customers Increase Fixed Price Fuel Purchasing to Address Price Volatility Trends | Markets Insider

Mansfield Energy Customers Increase Fixed Price Fuel Purchasing to Address Price Volatility Trends | Markets Insider

GAINESVILLE, Ga., Nov. 29, 2017 /PRNewswire-iReach/ — Mansfield Energy Corp, North America’s largest energy supply and logistics provider, announced today it is seeing rising demand for Fixed Price and Risk Management services across its customer base in response to the global rise in fuel price risks. Blake Young, President of Mansfield Oil Company explains, “Fuel […]

State sues two more gas stations for Harvey price gouging | Houston Chronicle

State sues two more gas stations for Harvey price gouging | Houston Chronicle

AUSTIN — Big Willy’s and Tejano Mart are two of the latest gas stations Texas is going after for alleged price gouging during Hurricane Harvey. Attorney General Ken Paxton filed suit against the two businesses Monday, saying both charged “excessive” prices for gasoline. Big Willy’s, with locations south of the Dallas-Fort Worth metroplex, allegedly charged […]