gasoline

Gas price surge to new highs in U.S.

Gas price surge to new highs in U.S.

For the third day in a row prices for regular unleaded gas and diesel fuel have reached new records in Massachusetts, The United States. Regular unleaded is now averaging $4.45 a gallon as of Wednesday. That’s a $1.58 higher than …

Biden blames Putin for high gasoline prices

Biden blames Putin for high gasoline prices

U.S. President Joe Biden blamed a four-decade inflation high-water mark on Russian President Vladimir Putin as he touted his administration’s as-yet unsuccessful efforts to lower gasoline prices.  “We saw in …

India raising fuel prices

India raising fuel prices

Recently, 298 Indian students blockaded near Kharkov were evacuated. In total, more than 13,000 Indians have been brought back as part of its evacuation efforts. But the economic situation in India is also deteriorating. India will …

Gasoline prices record high in Russia

Gasoline prices record high in Russia

Territorial exchange indices of 92-octane (Regular) and 95-octane (Premium) gasoline blends were all-time high at Russia's St. Petersburg International Mercantile Exchange (SPIMEX) after the trading session, according to trading data. …

Russia's Cabinet to discuss gasoline export restrictions

Russia's Cabinet to discuss gasoline export restrictions

The Russian government will discuss a draft Cabinet resolution providing for restrictions of petroleum products export in exceptional cases to prevent the fuel price rally after May holidays, Russia's Energy Minister Nikolai Shulginov told …

Russia's crude export duty to be raised in winter

Russia's crude export duty to be raised in winter

Russia's crude export duty will be increased by $2.2 to $90.5 per ton from December 1, 2019, according to the Russian Finance Ministry's website. Russia's current crude export duty is $88.3 per tonne. From October …

Iran starts gasoline rationing and hikes prices

Iran starts gasoline rationing and hikes prices

Iran introduced gasoline rationing and price hikes on November 15 with an official saying that the revenue would be used for subsidies for 18 million needy families, state television reported. According to State TV, the price of a liter …

Kazakhstan to start export of high-octane gasoline

Kazakhstan to start export of high-octane gasoline

Kazakhstan plans to begin exporting high-octane gasoline in the second half of June 2019, Kazakh Minister of Energy Kanat Bozumbayev told a government meeting today. According to the minister, 21.7 million tonnes of oil …

Gasoline prices decline in Russia

Gasoline prices decline in Russia

Retail prices of the regular (Ai-92) and the premium (Ai-95) gasoline declined in a number of Russian regions last week, according to data provided by the Central Dispatching Department of Fuel Energy Complex. It was the first decline …

Iran to increase gasoline production, Zanganeh says

Iran to increase gasoline production, Zanganeh says

Zanganeh said on Monday that the third phase of Persian Gulf Star Refinery (PGSR), in the city of Bandar Abbas, southern Hormozgan province, will go into full swing in the coming weeks, which will increase the country’s gasoline output to …

Russia's gasoline prices named among world’s cheapest

Russia's gasoline prices named among world’s cheapest

Russia's gasoline prices have been named the world’s 10th-cheapest in Bloomberg’s ranking of 61 countries released last week. Russian drivers saw an average 8.2% rise in fuel prices this spring, leading at …

Kazakhstan increases gasoline production

Kazakhstan increases gasoline production

Kazakhstan's oil refineries produced 3 million tons of gasoline in 2017, which exceeds the production volume of 2016 by 4%  The output of diesel fuel decreased by 6%, to 4 million tons, Prices on gasoline in Kazakh market has …