Diesel
Russia's gasoline prices on exchange down almost 10% after export ban
Russian wholesale gasoline Ai-92 grade prices fell by 9.7% to $582 per metric ton, according to exchange data, following a government ban on fuel exports.
Russia cuts September seaborne diesel exports to meet domestic shortage
Russia cut its seaborne diesel and gasoil exports by nearly 30% to about 1.7 million metric tons in the first 20 days of September from the same time in August, as local refineries went into seasonal maintenance and the domestic market faces a fuel shortage and rising prices.
Russia imposes temporary restrictions on fuel exports
Russia has introduced temporary restrictions on exports of gasoline and diesel in order to stabilize the domestic market.
Dutch firms get up to $49 B annually in fossil fuel subsidies
Industrial companies in the Netherlands get $42-49 B in tax breaks and subsidies annually for using fossil fuels, the Dutch government said in a report aimed at spurring international debate on such subsidies.
Britain delays ban on new petrol and diesel cars to 2035
Britain will push back a ban on new petrol and diesel cars and vans to 2035 from 2030, Prime Minister Rishi Sunak said, adding that the cars would still be available to buy on the secondhand market thereafter
China's fuel oil imports ease for second straight month in August
China's fuel oil imports retreated for a second consecutive month in August, data from the General Administration of Customs showed.
Volvo to end diesel car production by early 2024
Volvo Cars said that it will end production of any remaining diesel models by early 2024 as it heads towards becoming an all-electric carmaker.
France to let fuel retailers sell below cost in inflation fight
The French government plans to temporarily lift a ban on retailers selling road fuel below cost as part of efforts to stem inflationary pressures on households.
Pakistan raises petrol, diesel prices by record amount
Pakistan announced a record rise in petrol and diesel prices, the second big increase in two weeks for the South Asian nation that is already struggling with high inflation.
Russia considers temporary fuel export ban due to domestic crunch
The Russian government is considering a complete ban on the export of oil products for a certain period of time in order to stabilize domestic fuel prices.
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