Tag: Gasoline Prices

IATA protests against CPC’s high jet fuel prices | Sunday Times

IATA protests against CPC’s high jet fuel prices | Sunday Times

The International Air Transport Association (IATA) this week criticised CEYPETCO’s opaque pricing for jet fuel and called for a transparent formula, warning that the soaring cost of refuelling in Sri Lanka was stifling the aviation industry. A team from the union of global airlines visited Sri Lanka and sounded caution to officials, including those of […]

CAG raps PowerGrid for inadequacies in pricing methodology in telecom biz | Times of India

CAG raps PowerGrid for inadequacies in pricing methodology in telecom biz | Times of India

The CAG observed, “There were inadequacies in the pricing methodology followed by the Company. The multiplication factor adopted to scale up tariff for higher capacities was low, which adversely impacted revenue. Pricing of Indefeasible Right to Use (IRU) contracts was inconsistent with different methods applied for different contracts, leading to lower revenue for the business.” […]

Tories scrap cap-and-trade plan in order to reduce gas prices | The Star

Tories scrap cap-and-trade plan in order to reduce gas prices | The Star

Cap and trade will soon be scrapped and paid. The Progressive Conservative government tabled legislation Wednesday to scrap Ontario’s market-driven environmental alliance with Quebec and California. And the province expects to be paying out $5 million in compensation as it leaves the joint carbon-pricing auction — a sum critics warn is unrealistically low. Environment Minister […]

Haiti suspends fuel price hike after protesters riot | Baltimore Sun

Haiti suspends fuel price hike after protesters riot | Baltimore Sun

The Haitian government suspended a fuel price hike Saturday after widespread violence broke out across the capital and in the northern city of Cap-Haitien. Prime Minister Jack Guy Lafontant had originally said the country needed to raise prices to balance the budget and gave no indication he would back down. But his administration bowed to […]

SaaS Pricing Strategy: Who’s your Hero? Who’s your Decoy? | CMO-as-a-Service

SaaS Pricing Strategy: Who’s your Hero? Who’s your Decoy? | CMO-as-a-Service

Pricing a SaaS Service is not very different from anything other Software Pricing Strategy. While you want to keep renewal friction at a minimum, all other “rules” of pricing psychology still apply. While most companies out there have intuitively embraced the ‘rule of 3’, I often encounter teams who don’t really know where this rule […]

Transat: difficult to offset higher fuel prices with higher fares for customers | The Telegram

Transat: difficult to offset higher fuel prices with higher fares for customers | The Telegram

MONTREAL — Transat AT Inc. expects to have a more difficult summer season than last year as a result of a sudden increase in jet fuel prices since April and limited ability to pass along the cost to customers, senior executives told analysts Thursday. Annick Guerard, the travel company’s chief operating officer, said on a conference call that […]

India teams up with China to counter OPEC’s influence on fuel pricing | DNA India

India teams up with China to counter OPEC’s influence on fuel pricing | DNA India

With oil producers’ cartel OPEC playing havoc with prices, India discussed with China the possibility of forming an ‘oil buyers club’ that can negotiate better terms with sellers as well as getting more US crude oil to Asia to cut dominance of the oil block. As a follow up of Oil Minister Dharmendra Pradhan’s idea […]

Have consumers gained back what they had lost from rising fuel prices? | cnbctv18.com

Have consumers gained back what they had lost from rising fuel prices? | cnbctv18.com

After oil marketing companies (OMCs) decided to keep the prices of auto fuels unchanged, since then, the prices in India were on a freeze for 19 consecutive days between April 25, 2018 and May 13, 2018. Many media reports during this period stating that the government had directed the OMCs no to raise auto fuel […]

Petrol prices stable to March, but now hitting four-year highs | ACCC

Petrol prices stable to March, but now hitting four-year highs | ACCC

Drivers feeling the pinch of high petrol prices should use price cycle information and fuel price websites and apps to shop around, as petrol prices in some cities reached their highest levels in almost four years in May. Average petrol prices in Australia’s five largest cities (Sydney, Melbourne, Brisbane, Adelaide and Perth) remained broadly stable […]

Fuel price impact: Pune’s private bus services to hike fares by 20% from June 1 | Hindustan Times

Fuel price impact: Pune’s private bus services to hike fares by 20% from June 1 | Hindustan Times

With the state transport administration considering a fare hike for the Maharashtra state road transport corporation (MSRTC) buses, owners of private buses too have decided to hike fares by 20 per cent from June 1. The decision comes in the wake of the recent hike in petrol and diesel prices, due to which bus operators […]