fuel prices

Sri Lanka Urges Public to Conserve Fuel and Electricity Amid Price Hikes and Global Oil VolatilityColombo, March 22 – The Sri Lankan government has urged citizens to use fuel and electricity sparingly due to potential shortages amid volatile global oil markets. This advisory follows a second...

Gandhinagar, March 22: The recent hike in bulk diesel prices has been rolled back for fishermen in Gujarat after the state government took up the issue with the Centre, Fisheries Minister Jitu Vaghani announced.On Friday, the price of premium petrol was raised by Rs 2 per litre, while bulk...

India’s Current Account Deficit at Risk if Crude Oil Prices Rise, Says Report External Balance Outlook Hinges on Oil Price Movement New Delhi, March 21: India’s economic position remains stable despite rising fuel prices, but the trajectory of crude oil prices will play a decisive role in...

New Delhi, March 20 The price of premium or higher-grade petrol increased by Rs 2 per litre on Friday, while the rate of bulk diesel sold to industrial users was hiked by about Rs 22 per litre, reflecting the spike in global oil prices amid the conflict in the Middle East.However, the price of...

South Korea Fuel Prices Fall After Government Introduces Temporary Price Cap Retail Fuel Prices Drop Following Policy Intervention Fuel prices at gas stations across South Korea have declined notably after the government introduced a temporary fuel price cap last week, according to the Ministry...

Australia Faces Jet Fuel Supply Risks as China Halts Fuel Exports Amid Middle East Uncertainty New Delhi, March 14: Australia’s exposure to liquid fuel shortages and potential price spikes has intensified after reports that China has instructed its oil refiners to halt fuel exports, raising...

Ola Electric Launches #EndICEAge Campaign to Accelerate Shift from Petrol Two Wheelers New Delhi, March 14: Ola Electric has launched #EndICEAge, a nationwide campaign aimed at accelerating India’s transition from petrol powered two wheelers to electric mobility. The initiative focuses on...

US Begins Massive Strategic Petroleum Reserve Drawdown with 86 Million Barrel Exchange Department of Energy Initiates Oil Exchange from Emergency Reserve The Trump administration has initiated the process for a major drawdown of the United States Strategic Petroleum Reserve (SPR), issuing a...

Sri Lanka Raises Fuel Prices Over 8% as Global Oil Surge Triggers Panic Buying Retail Fuel Prices Increased to Control Hoarding Sri Lanka has raised retail fuel prices by more than 8 percent, effective from midnight on Monday, as authorities attempt to curb hoarding and panic buying following...

Government Calls for Transparent Petroleum Pricing Seoul, March 9: South Korea’s Industry Minister Kim Jung-kwan on Monday urged major oil refiners to avoid excessive fuel price increases as international crude oil prices surge due to the ongoing tensions in the Middle East.During a meeting in...

South Korea Antitrust Watchdog Reviews Penalties Over Alleged Sweetener Price-Fixing Cartel FTC Concludes Investigation Into Seven-Year Sweetener Price Collusion Seoul, March 6: South Korea’s antitrust regulator has begun reviewing potential penalties against four major food companies accused of...