US EditionOil Firms Hike Pump Prices Again
11 Articles
11 Articles
Oil firms hike pump prices again
FOR the third straight week, fuel prices have gone up.On Tuesday, the per-liter price of gasoline rose by 80 centavos, diesel by P1.60, and kerosene by P1.10.The price increase was driven by escalating tension between the United States and Iran; an outage at Kazakhstan’s biggest oilfield, a major US winter storm which has tightened near-term supply; a European import ban on refined products from Russian-origin crude, and the OPEC+ plan to consid…
RN
Gasoline and diesel cost more in January than in December. How fuel oil demand, currency exchange rates and time of day affect the prices at the pumps.
Gasoline and diesel cost more in January than in December. How fuel oil demand, currency exchange rates and time of day affect prices.
Fuel prices in Germany rose sharply in January compared to December. According to an analysis published Tuesday by the ADAC (German Automobile Club), a liter of Super E10 cost an average of €1.739 for the month, an increase of 8.6 cents. Diesel prices rose even more sharply, by 9.4 cents, to an average of €1.692 per liter. This meant that diesel was only 4.7 cents cheaper than Super E10, even though the energy tax on diesel is about 20 cents lo…
Diesel and fuel oil will become more expensive from midnight on Tuesday.
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