Trends - fuel prices - Business Recorder

Business & Finance

Malaysia's June CPI rises 3.4% y/y, slightly below forecast

Transport cost, rising 16.6%, was the main driver for the increase in June's CPI, the Statistics Department said in a statement

Published 23 Jul, 2021 09:48am

Markets

S Arabia sets cap on local gasoline price for July

DUBAI: Saudi Arabia, the world’s largest oil exporter, set a cap on local gasoline prices for July to help...

Published 11 Jul, 2021 04:01am

World

Lebanon raises fuel prices in bid to ease shortages

The energy ministry said the average price of 20 litres of 95-octane gasoline was increased by 35% to 61,100 pounds.
Protesters blocked roads with burning garbage and tyres in Beirut on Monday. President Michel Aoun said the new prices should ease the crisis.

Published 29 Jun, 2021 04:58pm

Markets

Lebanon hikes fuel prices to shore up forex reserves

The price of 20 litres of 95-octane petrol shot up nearly 16,000 Lebanese pounds ($10.6 at the official rate) to reach 61,000 pounds ($40.6), according to NNA.

Published 29 Jun, 2021 04:36pm

Business & Finance

South African inflation hits 30-month high

The agency said petrol prices were 41.8 percent higher in May compared to the same month in the previous year.

Published 23 Jun, 2021 05:39pm

Business & Finance

US import prices accelerate in May; export prices surge

Import prices rose 1.1% last month after gaining a 0.8% in April.
The report also showed export prices jumped 2.2% in May after rising 1.1% in April. Prices for agricultural exports rose 6.1%, the largest gain since in November 2010.

Published 16 Jun, 2021 06:46pm

Markets

US gasoline prices climb even as Colonial reopens after hack

The closure of Colonial Pipeline's 5,500-mile (8,900-km) system was the most disruptive cyberattack on record, preventing millions of barrels of gasoline, diesel and jet fuel from flowing to the East Coast from the Gulf Coast.
The national gas price on Monday hit $3.045 a gallon, the highest since October 2014, according to data from the American Automobile Association.

Published 17 May, 2021 08:03pm

Business & Finance

Brazil March inflation 6.1pc, highest since 2016

BRASILIA: Annual inflation in Brazil rose above 6% in March for the first time in more than four years, official...

Published 10 Apr, 2021 04:34am

BR Research

Fuel adjustments remain high

Another 64 paisas per unit gets added to the monthly Fuel Charges Adjustment (FCA) for February 2021. This takes the...

Published 08 Apr, 2021 07:30am

BR Research

HASCOL – will it recuperate?

Hascol Petroleum Limited’s (PSX: HASCOL) profits have been nose diving since 2018. Though the company has only...

Published 30 Mar, 2021 07:35am

World

Myanmar unrest driving up food, fuel prices: WFP

Rice prices in the peri-urban areas of Yangon and the second largest city, Mandalay, were meanwhile up four percent since the last week of February, the WFP said.

Published 16 Mar, 2021 05:46pm

World

Damascus hikes fuel prices by more than 50 percent

Washington has imposed several rounds of economic sanctions on the Syrian government since the war broke out in 2011.

Published 16 Mar, 2021 05:38pm

Print

KE’s tariffs determined by Nepra

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) has determined KE’s quarterly tariffs of four...

Published 13 Mar, 2021 04:28am

BR Research

Fuel adjustments to get dearer

Another 90 paisas per unit have been approved as monthly Fuel Charges Adjustment (FCA) for January 2021, continuing...

Published 12 Mar, 2021 07:30am

Markets

Global fuel prices jump as Asia, US to rev up demand in Q2

European refining margins are still lower than a year ago, but rising prices and narrowing price spreads between gasoil futures delivery months indicates a tightening market, analysts said.

Published 12 Feb, 2021 10:26am

Print

Monthly fuel price adjustment: Nepra indicates Rs1.60/unit raise in tariffs

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) on Wednesday indicated an increase of upto Rs 1.60...

Published 28 Jan, 2021 04:40am

Pakistan

Opposition parties reject increase in fuel prices

PESHAWAR: Opposition parties have rejected the increase in price of petroleum products and urged the government to...

Published 18 Jan, 2021 04:10am

Markets

Forward prices reach fresh highs with CO2 and fuel prices

Along the curve, German Cal '22 baseload was up 1.3% at 51.65 euros ($62.74) per megawatt hour (MWh).
French 2022 supply reached a record high at 53.25 euros/MWh, up 1.6%.

Published 12 Jan, 2021 04:45pm

Markets

Egypt keeps domestic fuel prices unchanged in Q1

Fuel prices were also kept stable in October at the previous meeting of the pricing committee.

Published 06 Jan, 2021 05:08pm