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Keywords: Gasoline
US President Donald Trump has attributed the recent rise in American gasoline prices to disruptions affecting oil refining capacity, particularly Ukrainian attacks on Russian energy facilities and refinery closures in Democratic-led US states. His comments come as fuel costs become an increasingly sensitive......
Motorists across Morocco are facing another increase in fuel costs as a new price adjustment takes effect from the early hours of Thursday, October 1. Diesel is expected to rise by around 0.80 dirham per litre, pushing its price beyond the symbolic 16-dirham threshold. Gasoline is also set to become......
A potential US restriction on diesel exports could initially ease domestic diesel prices but eventually push gasoline prices higher, according to an analysis by Goldman Sachs, highlighting the complex effects that an export ban could have on the US refining system and global fuel markets. The scenario......
Global fuel markets could face renewed pressure as disruptions affecting diesel supplies begin to spill over into gasoline markets, with geopolitical tensions and reduced shipping activity through the Strait of Hormuz adding to concerns over energy availability. Goldman Sachs expects gasoline prices......
The economic fallout from the war involving Iran is putting additional pressure on American households as disruptions in global energy markets drive up the cost of gasoline and diesel across the United States. According to estimates from Brown University’s Climate and Community Project, US consumers......
Fuel prices in Morocco are expected to rise again on Wednesday, with diesel remaining more expensive than gasoline as international oil markets continue to face supply pressures. The expected adjustment comes just two weeks after the previous increase. Diesel prices had already risen by 6 centimes per......
The administration of US President Donald Trump has signaled that it is not currently planning to ban exports of crude oil or refined fuels as a way of bringing down rising energy prices in the domestic market. The position comes as high gasoline and diesel costs create increasing political pressure......
Brazilian President Luiz Inácio Lula da Silva’s government has approved an additional package of around $1.3 billion to support fuel prices, seeking to shield consumers and key sectors of the economy from the impact of rising global oil costs. The measure was introduced through an executive......
Global fuel oil markets are facing the prospect of a significant supply shortage in the third quarter as disruptions linked to the war in the Middle East encourage refineries to prioritize higher-demand products such as diesel, gasoline and jet fuel. Energy consultancy Energy Aspects estimates that......