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The Latest Breaking News from Petrol

Cabinet amends biofuels policy, advances ethanol blending target to 2025-26

New Delhi The Union Cabinet on may 18 approved advancing the target of blending 20% ethanol in petro

The Hindu

Sri Lanka can’t find cash to pay even one ship for petrol

NEW DELHI: Sri Lanka asked citizens not to queue for gasoline as the nation on the verge of default has no dollars to pay for a fuel shipment.

The Times of India

Sri Lanka's economic crisis: 'It's not looking good' for Rajapaksa family

Sri Lanka is in the grip of its worst economic crisis in decades, facing depleted petrol reserves, food shortages and a chronic lack of medical supplies. More than a month of mainly peaceful protests against the government's handling of the economy turned deadly last week when supporters of the former…

France 24

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Inflation hits 9%: How does it impact your finances?

Around nine in 10 (87 per cent) of adults in Britain have reported their cost of living increased in March alone

The Independent UK

Sri Lanka minister asks people not to queue for fuel for two days

Power and energy minister ‘respectfully’ advises against forming queues, saying there are no sufficient petrol stocks.

Al Jazeera

Petrol and diesel prices reach new record highs

Latest cost-of-living hit follows inflation reaching record levels in April

Insider UK

More pain in Sri Lanka before any resolution to crisis

Sri Lanka's central bank has secured foreign exchange to pay for fuel and cooking gas shipments that will ease crippling shortages, its governor said on Thursday, as the prime minister said supplies had been locked in for at least a month.

Reuters

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Pain at the pumps as petrol and diesel prices soar to record highs

Not helping the cost of living crisis

Wales Online

Petrol and diesel prices soar to new record highs as fuel duty cut wiped out

The record prices come as inflation increased to 9 per cent – it’s highest level in 40 years

The Independent UK

Asda, Costco, Sainsbury's: Cheapest places for petrol in and around Liverpool today

We've rounded up the cheapest spots for diesel and unleaded fuel

Liverpool Echo

Sri Lanka to default on debt, no money for fuel, minister says

Sri Lanka is expected to be placed into default by rating agencies on Wednesday after the non-payment of coupons on two of its sovereign bonds, while the energy minister said the country had run out of money to pay for fuel.

Reuters

UK inflation hits 40-year high of 9% as cost of food and energy rockets

Spiralling inflation, fuelled by rising petrol and food prices, is hitting the pockets of UK households with the invasion of Ukraine being blamed for rising oil prices

Daily Mirror

SA to crackdown on petrol pricing

The South Australian government has instigated a crackdown on petrol pricing to ensure retailers are complying with real-time pricing rules.

AAP

Will a 5 per cent pay rise for workers lift the cost of your coffee and petrol by the same amount?

Boosting workers' wages by 5 per cent – for all workers, not just those on the minimum wage — would lead to an increase in prices across the economy of about 2 per cent, according to a new report.

ABC News

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Manchester Evening News

Cheapest petrol prices in Manchester as diesel hits record high

The average litre of diesel now costs 179.9p, according to the latest government figures

Daily Record

Diesel prices soar to record high of £1.80 per litre as UK moves away from Russian oil

The new costs have now soared past the previous record high of 179.90p that was recorded on March 23, 2022.

Daily Mirror

Sri Lanka in chaos with country on its last day of petrol and severe medicine shortages

Prime minister Ranil Wickremesinghe said Sri Lanka only has petrol stocks "for a single day" and the next few months will be "the most difficult of our lives"

The National (Scotland)

Petrol retailers 'fleecing' customers by failing to pass on duty cut

THE UK Government has been told crackdown on petrol retailers for “fleecing” customers.

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Liverpool Echo

Asda, Costco, Sainsbury's: Cheapest places for petrol in and around Liverpool today

Fuel prices differ across the region, these are the cheapest on May 17

Reuters

Sri Lanka parliament blocks move to condemn president, lawmakers arrested over violence

Sri Lanka's parliament on Tuesday voted against fast-tracking an opposition move to condemn President Gotabaya Rajapaksa, as the prime minister warned that the country was in a precarious economic situation and down to its last day of petrol supplies.

Evening Standard

Sri Lanka down to last day of petrol amid severe economic crisis, says new prime minister

Sri Lanka’s new prime minister has warned the country is down to its last day of petrol as it faces its worst economic crisis for decades.

Al Jazeera

Sri Lanka down to its last day of petrol, warns new PM

The new PM Ranil Wickremesinghe says the country desperately needs to secure $75m to pay for essential imports.

The Guardian - UK

Average UK price of diesel hits record of more than £1.80 a litre

Further rise likely if EU ban on Russian oil goes ahead, and petrol up 3p since start of month at 166.65p

Asharq Al-Awsat

Nigerian Entrepreneur Builds Electric Mini-Buses in Clean Energy Push

Nigerian entrepreneur Mustapha Gajibo has been converting petrol mini-buses into electric vehicles at his workshop, but he is now going a step further to build solar battery-powered buses from scratch in a push to promote clean energy and curb pollution. Africa's top producer and exporter of crude oil has heavily-subsidized…

The Guardian - UK

Brace for a shock: cost-of-living crisis drives up price of electric car charging

Recharging at home is 43% more expensive than a year ago – but EVs are still much cheaper to run than petrol and diesel cars

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