Protecting Your Wallet: How to Avoid Fuel Scams at Gas Stations

Protecting Your Wallet: How to Avoid Fuel Scams at Gas Stations

The constant increase in the fuel price has placed the act of refueling with gasoline at the center of the economic concerns of Spanish households. Currently, fuel stands as one of the main expenses, competing closely with the mortgage and the price of oil. Against this background, Joseba Barenengoa, CEO of ‘EasyGas’ and owner of … Read more

Germany’s Search for Synthetic Fuels: The Future of Combustion Engines and Carbon-Neutral Fuel

Germany’s Search for Synthetic Fuels: The Future of Combustion Engines and Carbon-Neutral Fuel

Germany wanted to take up the search for an alternative in the form of synthetic fuels, which, among other European countries, asked for partners for potential research and knowledge sharing. The development of carbon-neutral fuel could ultimately be the way to keep combustion engines alive. The recent Munich Motor Show also helped promote the idea. … Read more

The Impact of Global Oil Shortage on Fuel Prices in Ukraine: Fuel Price Forecast for the Coming Months

The Impact of Global Oil Shortage on Fuel Prices in Ukraine: Fuel Price Forecast for the Coming Months

I think not everyone has read the report of the International Energy Agency today, so I will summarize what is important: The oil shortage will be stable until the end of the year for sure, and if OPEC+ does not reverse its decision to reduce production, it will remain at the beginning of 2024. What … Read more

Fuel Shortage in Russia: Gas Stations Closed and Prices Soar

Fuel Shortage in Russia: Gas Stations Closed and Prices Soar

There is a fuel shortage in Russia. Prices soared by several rubles at once, and in the south of the aggressor country gas stations were closed en masse. In annexed Crimea and the south of the Russian Federation, the fuel crisis is intensifying. The Russian government has already found scapegoats: oil workers are blamed for … Read more

The Increase in Diesel Prices in the Czech Republic and its Impact on Transport Companies

The Increase in Diesel Prices in the Czech Republic and its Impact on Transport Companies

The increase in the price of diesel accelerated when the excise duty on diesel rose by 1.50 crowns per liter from the beginning of August. Its price has increased by more than four crowns since then. At the beginning of the month, according to CCS data, a liter cost an average of 33.95 crowns. From … Read more

Record Pace: Rising Gasoline Prices in Russia Cause Economic Concern

Record Pace: Rising Gasoline Prices in Russia Cause Economic Concern

In Russia, the price of gasoline is rising at a record pace, economic observers report. The situation in the Russian economy continues to worsen in several directions at once. Russian media reports that retail gasoline prices in the Russian Federation in 2023 increased by 6.7% after the price of fuel practically did not rise in … Read more

Czech Republic Fuel Prices Rise Twice as Much as EU Average: Latest Updates and Analysis

Czech Republic Fuel Prices Rise Twice as Much as EU Average: Latest Updates and Analysis

17.08.2023 20:34 | Monitoring Over the past two weeks, fuel prices in the Czech Republic have risen almost twice as much as the average in the European Union. Gasoline went up by 1.1 crowns. The price of diesel rose by four crowns. At 37.50 crowns per liter. Consumption tax has increased by 1.5 kroner per … Read more

The ban on the export of diesel fuel was extended in Kazakhstan

The ban on the export of diesel fuel was extended in Kazakhstan

The ban has been extended for another six months of this year, NewTimes.kz reports. The list includes gasoline, diesel fuel and certain types of petroleum products. The El Dala portal writes about this. The corresponding order was signed jointly with the Minister of Energy of the Republic of Kazakhstan, the Deputy Prime Minister – Minister … Read more