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Fuel oil purchases in Yangon remain below normal

August 17, 2024

Drivers who bought fuel in Yangon said on the afternoon of August 16 that despite the increase of more than 150 kyats per litre of gasoline and 100 kyats per litre of diesel in Yangon, fuel purchase has not yet returned to normal.

Fire at Map Ta Phut estate rages despite hours of firefighting efforts

May 09, 2024

After hours of efforts, firefighters were struggling to control a fire caused by a Pyrolysis gasoline tank at the Map Ta Phut Industrial Estate.

'Yet another gimmick' - Biden's gas tax holiday plan met with skepticism

THURSDAY, JUNE 23, 2022

With U.S. President Joe Biden on Wednesday calling for a three-month suspension of the federal gasoline tax to combat record prices, experts and motorists are saying they're unimpressed, even as opposition from lawmakers within Biden’s own party suggests the tax hiatus may never go into effect.

U.S. lawmakers slam Big Oil for high gasoline prices

THURSDAY, APRIL 07, 2022

Oil executives defended themselves in the U.S. Congress on Wednesday (April 6) from charges by lawmakers that they are gouging Americans with high fuel prices, saying that they are boosting energy output and no one company sets the price of gasoline.

Gas price in Los Angeles inches toward 6 dollars per gallon

MONDAY, MARCH 21, 2022

The average price of self-serve regular gasoline a gallon in Los Angeles County, the most populous county in the United States, rose 1.6 cents Sunday to a record high of 5.982 U.S. dollars, its 26th consecutive increase.

Americans to pay more for gasoline, food in 2022: media

THURSDAY, MARCH 10, 2022

The average American household will pay almost 2,000 and 1,000 U.S. dollars more for gasoline and food respectively in 2022, according to a recent research note by consulting firm Yardeni Research, reported by Fox News on Tuesday.

Gasoline prices in Germany climb to new record high

WEDNESDAY, MARCH 09, 2022

The nationwide average price per liter of standard E10 fuel in Germany climbed to just above 2 euros (2.19 U.S. dollars) on Monday, an increase of 18 euro cents within six days.

Pain at the pump as U.S. gasoline prices soar to highest since 2008

TUESDAY, MARCH 08, 2022

U.S. gasoline prices at the pump jumped 11% over the past week to the highest since late July 2008 as global sanctions cripple Russia's ability to export crude oil after its invasion of Ukraine, automobile club AAA said on Sunday.

Oil declines as Biden faces mounting calls for an SPR release

TUESDAY, NOVEMBER 16, 2021

Oil fell as U.S. President Joe Biden faced more calls from members of his own party to tap the Strategic Petroleum Reserve to curb surging gasoline prices.

U.S. holiday sales to rise 8.5 pct to 10.5 pct despite supply chain disruptions: NRF

THURSDAY, OCTOBER 28, 2021

The figures, which exclude automobile dealers, gasoline stations and restaurants, exceed the previous record in 2020 when holiday sales grew 8.2 percent to 777.3 billion dollars.

Los Angeles motorists experiencing sticker shock at gas pumps

SUNDAY, OCTOBER 10, 2021

The American Automobile Association (AAA) reported Saturday a 7-year high of 3.266 U.S. dollars per gallon for gasoline nationwide this week. "Global economic uncertainty and supply chain concerns caused by the lingering COVID-19 pandemic could be playing a role in keeping crude oil prices elevated," said AAA spokesperson.

Gasoline jumps, oil falls as Ida landfall seen sparing rigs

TUESDAY, AUGUST 31, 2021

U.S. gasoline futures jumped after Hurricane Ida barreled ashore in Louisiana, disrupting processing facilities. Oil reversed early gains as local rigs may have escaped significant damage and the OPEC+ producers cartel is expected on Wednesday to endorse a supply increase.

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