The Latest Breaking News from Petrol

Demand for petrol in Canberra is dropping. It's not lowering prices.

Government backs a fresh inquiry into ACT petrol price pinch.

The Canberra Times · Sep 24

Which Europeans are paying the most for petrol and diesel?

The global oil crisis sent petrol and diesel peaking over €2.4/L and €2.5/L, but figures adjusted for the cost of living give a better indication of which countries are feeling the pinch the worst.

Euronews · Sep 23

LPG losses reach Rs 300/cylinder, OMCs’ petrol, diesel margins turn negative; daily hit at Rs 530 crore: ICRA

OMCs are facing mounting pressure as elevated crude oil prices push petrol and diesel marketing margins into negative territory, while domestic LPG losses have reached around Rs 300 per cylinder, ICRA said. The rating agency estimates OMCs are losing around Rs 530 crore daily, with unchanged domestic fuel prices and…

The Economic Times · Sep 23

How is the EU responding to record fuel prices?

Fuel prices have hit record highs across Europe in recent days, driven by soaring oil prices amid the war in the Middle East and Ukrainian strikes on Russian refineries. However, the scale of the increases, as well as the measures taken to address them, varies significantly from one EU country…

France 24 · Sep 22

Vice President JD Vance Allegedly Defends High Gas Prices by Blaming Iran During Press Conference

US Vice-President JD Vance attributed high petrol and diesel prices to Iranian disruption of shipping through the Strait of Hormuz, while critics blamed the administration's war policy.

International Business Times UK · Sep 22

High-mileage electric cars are more reliable than petrol ones, study finds

EVs with 90,000 to 120,000 miles on the clock are more likely to pass MOTs than petrol models of the same age

The Guardian - UK · Sep 22

French government to unveil support package as petrol prices fuel public anger

With fuel prices an increasingly prominent issue ahead of next year's presidential election, Prime Minister Sébastien Lecornu’s government is due to unveil new support measures on Tuesday.

Radio France Internationale · Sep 22

Czechia caps fuel margins and cuts diesel tax as prices soar

Czechia will cap fuel retailers’ margins, cut diesel duty and tax refiners’ higher profits as governments across Europe seek to limit rising fuel costs.

Euronews · Sep 22

Electric cars beat petrol models as the miles pile up, MOT study finds

Analysis of 47.4 million MOT tests finds EVs with 90,000 to 120,000 miles are around 25 per cent less likely to fail than petrol cars

The Independent UK · Sep 22

Fuel taxes in Europe: Which country taxes petrol the most?

Nearly half of what European drivers pay for petrol goes to governments. Here are the 10 member states with the heaviest petrol taxes.

Euronews · Sep 22