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Gasoline

Britain delays ban on new petrol and diesel cars to 2035

Britain will push back a ban on new petrol and diesel cars and vans to 2035 from 2030, Prime Minister Rishi Sunak said, adding that the cars would still be available to buy on the secondhand market thereafter

China's fuel oil imports ease for second straight month in August

China's fuel oil imports retreated for a second consecutive month in August, data from the General Administration of Customs showed.

France to let fuel retailers sell below cost in inflation fight

The French government plans to temporarily lift a ban on retailers selling road fuel below cost as part of efforts to stem inflationary pressures on households.

Pakistan raises petrol, diesel prices by record amount

Pakistan announced a record rise in petrol and diesel prices, the second big increase in two weeks for the South Asian nation that is already struggling with high inflation.

Russia considers temporary fuel export ban due to domestic crunch

The Russian government is considering a complete ban on the export of oil products for a certain period of time in order to stabilize domestic fuel prices.

U.S. producer prices accelerate in August on gasoline

U.S. producer prices increased by the most in more than a year in August as the cost of gasoline surged, the latest indication that the road to low inflation would be uneven.

Iran's Revolutionary Guards seize two ships smuggling 1.5 MM liters of fuel

Naval forces of Iran's Revolutionary Guards have in recent days seized two Panama-flagged ships smuggling a total of 1.5 million liters of fuel.

Biden vows to cut U.S. gasoline prices

President Joe Biden vowed to get U.S. gasoline prices down, one day after a report showed consumer inflation surged by the most in 14 months due to higher energy costs.

Belarus' Lukashenko says Minsk ready to increase fuel shipments to Russia

Belarusian President Alexander Lukashenko told Russian President Vladimir Putin that Belarus has recently supplied 60,000 tons of diesel and 60,000 tons of petrol to Russia and is ready to further increase shipments.

Singapore middle distillates stocks near 6-month high despite exports

Singapore's middle distillates inventories hit a near six-month high, official data showed, as jet fuel/kerosene net exports were little changed despite rising gasoil net exports week-on-week.