Limit Diesel Exports in Portugal to Boost Local Supplies
Galp Energy has announced a reduction in its diesel exports to strengthen local fuel stocks. This decision comes amid global market fluctuations leading to rising prices and supply shortages.
Latest news and articles about diesel from NEX English
Galp Energy has announced a reduction in its diesel exports to strengthen local fuel stocks. This decision comes amid global market fluctuations leading to rising prices and supply shortages.
The Malaysian government is considering enhancing security at fuel stations due to rising attempts to smuggle gasoline and diesel. This decision follows a spike in fuel prices and directives for fishermen to collect diesel consumption data.
Thailand's Energy Policy Management Committee has announced a reduction in fuel prices by 2 baht per liter, expected to lower local diesel prices by 2.14 baht per liter by Friday. This decision comes amid rising fuel prices due to the ongoing conflict in the Middle East.
Thai authorities seized 100,000 liters of smuggled diesel in the Sadao area of Songkhla province, arresting a Thai employee for investigation. This operation followed tips from the public regarding large quantities of illicit fuel.
Thailand is pursuing a loan of up to <strong>150 billion baht</strong> to support local fuel prices amid rising global diesel costs. This move follows significant losses recorded by the fuel fund, prompting the government to reduce subsidies.
Germany's diesel fuel prices have reached a historic high, averaging €2.440 per liter. This increase comes as new regulations limit price hikes at gas stations to once daily.
Authorities in Assiut managed to seize 7 tons of diesel intended for sale on the black market as part of efforts to combat smuggling. This operation comes amid a fuel crisis in the country.
The Moroccan Ministry of Energy Transition and Sustainable Development announced that the country's diesel stocks are sufficient for <strong>51 days</strong>, and gasoline stocks for <strong>55 days</strong>. This comes as the nation faces increasing pressures due to the Israeli-American war on Iran and rising global energy prices.
The surge in oil prices in Hong Kong has led to increased costs in the laundry sector, resulting in hiring freezes and some companies rejecting new orders. Industrial diesel prices have skyrocketed in a short period.
Fuel prices in Germany have surged significantly, with diesel averaging €2.425 per liter and premium gasoline 'E10' reaching €2.184. These increases come amid new regulations mandating daily price hikes.
Fuel prices, particularly for gasoline and diesel, have seen a significant increase in April, raising concerns among consumers about their budgets. This rise comes at a sensitive time as the cost of living continues to escalate globally.
The Minister of Sabah, Dato Sri Hajiji Noor, confirmed that the gas-based energy supply structure has contributed to the state's stability amid the global energy crisis. However, reliance on diesel remains a concern, especially with rising prices.
Malaysian Deputy Prime Minister <strong>Fadila Yusuf</strong> reported that <strong>Sabah</strong> state is facing significant challenges in securing stable energy supplies due to its heavy reliance on <strong>diesel</strong>. This situation is exacerbated by rising diesel prices and global supply constraints.
The Moroccan Ministry of Energy announced that the country's gasoline reserves are sufficient to meet market needs for <strong>55 days</strong>, while diesel reserves can last for <strong>51 days</strong>. This comes as the government seeks to stabilize the local market and alleviate burdens on citizens.
Despite the Spanish government's reduction of the VAT on fuel, gasoline and diesel prices remain significantly higher than pre-conflict levels in the Middle East. Gasoline prices have increased by <strong>5%</strong> and diesel by <strong>30%</strong> compared to February.
Diesel and gasoline prices in Morocco have seen a new increase, adding financial strain on citizens. This rise comes amid escalating tensions in the Middle East, threatening the country's fuel import bill.
The Malaysian Ministry of Domestic Trade has confirmed that fuel supplies are sufficient to meet general demand, particularly in Sabah, Sarawak, and Labuan. This assurance comes amid increased demand following the holiday season, with no shortages reported so far.
The government announced a 14% increase in gasoline and diesel prices while keeping kerosene and gas prices stable. This decision aims to address the economic challenges facing the country.
The Fuel Price Monitoring Committee in the UAE announced a significant increase in gasoline and diesel prices for April 2026, with diesel prices jumping by <strong>72.4%</strong>. This adjustment comes amid rising global oil prices.
The United Arab Emirates has announced the gasoline and diesel prices for April 2026, with notable changes in the rates. This announcement is part of the government's efforts to ensure stability in the local market.
The Malaysian Ministry of Domestic Trade announced the thwarting of an attempt to smuggle 800 liters of diesel near Pasir Gudang Road. A suspicious truck was seized during an inspection, modified for illegal fuel storage.
The Malaysian Tourism Association (MITA) has urged the government to provide diesel support for tourist transport, following an 82% price increase due to the war in Iran. This request comes as tour operators face significant challenges in managing rising fuel costs.
The Malaysian Tourism Association announced that tour bus operators can raise their prices by up to <strong>80%</strong> due to rising diesel costs. This decision aims to support the local tourism sector amidst economic challenges.
In a surprising move, China exported shipments of diesel and other fuels to energy-deficient countries in Southeast Asia over the weekend. This action reflects China's desire to support its neighbors despite facing export restrictions earlier this month.
Authorities in Hong Kong seized <strong>1600 liters</strong> of diesel during a raid on an illegal fuel station in <strong>Sai Wan</strong>, arresting one man in the process. This operation is part of an ongoing campaign against illegal fuel sales amid rising oil prices due to conflicts in the Middle East.
The Indian government has announced a reduction in taxes on gasoline and diesel to alleviate economic burdens on citizens as global oil prices rise. This decision comes at a critical time as India faces increasing economic challenges.
Fuel prices in the UK have reached an unprecedented high, with the average price of petrol exceeding 150 pence for the first time since May 2024. This surge is attributed to ongoing conflicts in the Middle East, according to RAC reports.
India's government has announced a reduction in customs duties on gasoline and diesel to protect consumers and curb inflation. This decision comes amid significant fluctuations in global oil markets due to the Iranian conflict.
The Indian government has announced a reduction in special taxes on gasoline and diesel to alleviate economic burdens on citizens. This decision comes in response to soaring global oil prices due to ongoing conflict in Iran.
The French government has announced an exceptional decision allowing fuel stations to sell a type of diesel that is less resistant to cold. This measure comes in response to a supply crisis caused by the war in Iran and the closure of the Strait of Hormuz.