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Gasoline

U.S. gasoline prices at year high, tight supply weighs on motorists

U.S. motorists hoping to squeeze out one last trip before the Labor Day holiday and school begins are finding pump prices that have surged to their highest level this year on tighter gasoline supplies.

Syria slashes gasoline subsidy, boosts public-sector salaries

Syria has raised prices of gasoline and other petroleum products again, officials and state media said, as the government gradually lifts subsidies to boost public finances in an economy strained by an over decade-old war.

Petrobras CEO says no pressure from govt on fuel prices

Brazil's Petrobras was not pressured by the federal government to refrain from raising local fuel prices, its CEO said, after the state-run oil company announced a major hike in gasoline and diesel prices to track an "abrupt" global spike.

Russian seaborne diesel exports rise by 7% in August

Russia's seaborne diesel and gasoil exports rose by 7% to about 1.7 million metric tons in the first 14 days of August from the same period in July on strong production volumes after seasonal refinery maintenance eased.

Brazil's Petrobras to raise diesel, gasoline prices

Brazilian state-run oil company Petrobras said it will raise gasoline and diesel prices at its refineries after what it called an "abrupt" increase in global oil prices.

Indian refiner MRPL to phase out exports as it adds retail outlets

India's Mangalore Refinery and Petrochemicals Ltd plans to phase out fuel exports in the next two to three years as it expands its local retail network to diversify its sources of revenue, its managing director said.

New Canadian clean electricity rules would allow some use of fossil fuels

Canada announced long-awaited draft clean electricity regulations that are designed to create a net-zero emissions power grid by 2035, and said some continued use of fossil fuels would be allowed.

Most Russian fuel exports now pricing above G7-imposed price cap

Most Russian fuel exports from the Baltic and Black Sea regions are now pricing above a price cap set in February by a G7-led coalition designed to limit Moscow's revenues in the aftermath of its invasion of Ukraine.

Indonesia's Pertamina to build new fuel terminal following deadly fire

Indonesia's state energy company PT Pertamina said it will develop a fuel storage facility in north Jakarta, following a deadly fire that broke out at a terminal earlier this year and spread into a densely populated residential area.

India's fuel demand slips to 10-month low in July

India’s fuel consumption slipped to a 10-month low in July, government data showed, as monsoon rains restricted mobility in the world's third-biggest oil importer and consumer.