Tag: Gasoline Prices

ADB expects Cabinet to approve pricing mechanisms for fuel, electricity this year | Daily Mirror

ADB expects Cabinet to approve pricing mechanisms for fuel, electricity this year | Daily Mirror

The government is likely to put its rubber stamp on cost-reflective pricing formulae for fuel and electricity within this year, as the burden of state-owned enterprise (SOE) debt has been weighing on the economy for too long. According to the Asian Development Bank (ADB), the Cabinet is expected to approve a proposal to this effect […]

Sri Lanka’s fuel pricing formula comes into effect in May | Sunday Times

Sri Lanka’s fuel pricing formula comes into effect in May | Sunday Times

Sri Lanka is set to introduce a cost-reflective transparent fuel pricing, based on international market prices, next month. This new transparent mechanism will be submitted for cabinet approval in the next two weeks, Finance Ministry sources disclosed. In this much-delayed fuel pricing formula, prices would change with international market prices similar to many other commodities […]

Fuel prices are stable for now, but continue to sting motorists | Times of India

Fuel prices are stable for now, but continue to sting motorists | Times of India

After rising steadily for a few weeks, prices of petrol and diesel have stabilised at Rs 79.50 and Rs 68.50 per litre this week, apparently under instructions from the Union petroleum ministry not to raise prices of the two commodities, for now. The manner in which prices of petrol and diesel were rising in the […]

Gas prices will surge this summer | Dayton Daily News

Gas prices will surge this summer | Dayton Daily News

Drivers, take heed: Gas prices are expected to head up for the warm-weather driving season. Pushed up by higher crude prices and lower inventory, the U.S. Energy Information Administration expects the retail price of regular-grade gasoline will average $2.74 per gallon this summer, up from an average of $2.41 a gallon last summer. The EIA […]

Gasoline prices hit highest point in three years | Houston Chronicle

Gasoline prices hit highest point in three years | Houston Chronicle

Gasoline prices rose Thursday to their highest levels since the summer of 2015 as the national average hit $2.68 for a gallon of regular unleaded. The current fuel prices even exceed the temporary spike nationwide last year when Hurricane Harvey knocked out much of the nation’s refining system along the Gulf Coast, triggering a temporary […]

Rising fuel prices may dampen auto sales this year | Autocar India

Rising fuel prices may dampen auto sales this year | Autocar India

However, vehicle manufacturers could likely face a sales speed breaker in the form of rising fuel prices. Dynamic pricing or daily fuel revision, which kicked in on June 16, 2017, continues to give considerable heartburn to motorists in India. On April 2, motorists tanking up on petrol had to pay Rs 73.83 in New Delhi, […]

AAA expects higher gas prices this spring | CNBC

AAA expects higher gas prices this spring | CNBC

If it seems to be costing you more cash to fill up your tank these days, you’re right. “We’ve gotten accustomed to cheaper gasoline over the past couple years,” Robert Sinclair, AAA Northeast Manager of Media Relations told CNBC’s On The Money in a recent interview. According to AAA, the average cost of a gallon […]

Energy Observers Calls for Fuel Price Hike Transparency | Indonesian News Portal

Energy Observers Calls for Fuel Price Hike Transparency | Indonesian News Portal

“If the non-subsidized fuel price increased, people will use the subsidized ones,” he said. Marwan said the increasing prices of non-subsidized fuels Pertamax (RON 92), Pertamax Turbo (RON 98), Dex (CN 53), and Dexlite (CN 51) will have impacts on inflation. However, he predicted that the impact would not be significant. As long as the […]

Freezing temperatures push up wholesale gas prices | BBC News

Freezing temperatures push up wholesale gas prices | BBC News

Oil prices collapsed by more than 50% in 2015, bringing down the wholesale cost of gas. But in recent weeks, that wholesale price has risen back to where it was nearly four years ago. When the price that companies pay each other for energy goes up, there’s always a risk that they’ll pass that on […]

Xenophon’s power to the people on fuel prices | News.com.au

Xenophon’s power to the people on fuel prices | News.com.au

MOTORISTS have won a long-running battle to get access to live online fuel price information provided by the State Government. The RAA has been lobbying for the service for years, similar to schemes interstate which show the exact bowser price per litre at all service stations, and also allow motorists to monitor and take advantage […]