Rising Oil Prices: Impact on Domestic Gasoline and Diesel Prices in South Korea (2023)

Rising Oil Prices: Impact on Domestic Gasoline and Diesel Prices in South Korea (2023)

Money Today Sejong = Reporter Yoo Jae-hee | 2023.07.30 13:16 (Seoul = News 1) Reporter Jang Soo-young = Citizens are filling up at a gas station in Seoul on the 21st. With the recent rise in international oil prices, domestic gasoline prices rose for two weeks in a row and diesel for three weeks in … Read more

Current fuel prices in the Czech Republic: Diesel and Gasoline at Highest Levels in Over Two Months

Current fuel prices in the Czech Republic: Diesel and Gasoline at Highest Levels in Over Two Months

The current price of diesel is the highest in the last two and a half months. Gasoline, which was last more expensive at the end of April, is in a similar situation. This is according to data from CCS, which tracks prices. In the following days, according to analysts, fuel prices could remain without significant … Read more

The head of the Ministry of Energy announced a possible shortage of AI-95 gasoline

The head of the Ministry of Energy announced a possible shortage of AI-95 gasoline

Energy Minister Almasadam Satkaliyev, answering a journalist’s question about the lack of AI-95 gasoline at some gas stations, reported a trend towards a shortage of this type of fuel, Tengrinews.kz reports. “There has been a trend towards a shortage of 95 gasoline. This is due to the repairs that we carried out at the Shymkent … Read more

Latest Fuel Price Update: July 4 – Gasoline Prices Decline, Diesel Prices Increase

Latest Fuel Price Update: July 4 – Gasoline Prices Decline, Diesel Prices Increase

After a significant decline yesterday, fuel prices recorded, on Tuesday, July 4, an additional decline of 2,000 pounds for two cans of 95 and 98 octane gasoline, and an average of 18,000 pounds for a bottle of gas. On the contrary, the price of a diesel plate increased by 1,000 pounds. The prices became as … Read more

Why Fuel Prices in Czech Republic are Rising: Government Plans to Increase Diesel Tax and Strong Demand After Pandemic

Why Fuel Prices in Czech Republic are Rising: Government Plans to Increase Diesel Tax and Strong Demand After Pandemic

According to the CCS company, Natural 95 now costs CZK 36.87 on average, diesel is sold for CZK 31.20. “Gasoline will go above CZK 37, because the demand for fuel will increase due to the fact that drivers who do not drive much for more than a year will leave. Higher demand results in an … Read more

OPEC+ agrees to extend supply cuts until 2022 to boost oil prices

OPEC+ agrees to extend supply cuts until 2022 to boost oil prices

The Saudis announced this after Sunday’s meeting in Vienna. The rest of the countries agreed to extend earlier supply cuts until the end of 2024. OPEC+ accounts for roughly 40 percent of global oil production and 60 percent of exports. The group’s political decisions can therefore have a major impact on prices. At the beginning … Read more

Fuel prices set to increase in Czech Republic as oil production cuts announced by OPEC+

Fuel prices set to increase in Czech Republic as oil production cuts announced by OPEC+

During this time, the best-selling Natural 95 became cheaper by about one crown per liter, when on Sunday it was sold for an average of CZK 36.97, according to CCS. Diesel has become cheaper by almost three crowns per liter since February. “It will become more expensive from the end of next week. For gasoline, … Read more