gasoline prices

Latest news and articles about gasoline prices from NEX English

Gasoline Prices in Germany Surge Beyond European Neighbors

Germany has recently experienced a significant increase in gasoline prices, rising by <strong>11 cents per liter</strong> between March 30 and April 6, 2026. This surge is attributed to the ongoing effects of the war in the Middle East on oil supplies.

Reduce Japanese Oil Refinery Operating Rates to Lowest Since 2025

The Japan Petroleum Association reported that the country's oil refineries have reduced their operating rates to <strong>67.7%</strong> of their design capacity, marking the lowest level since June 2025. This decline is attributed to reduced supplies due to geopolitical tensions.

China raises gasoline and diesel prices amid global energy turmoil

China has increased gasoline and diesel prices for the second time in two weeks, reflecting ongoing global energy market disruptions. This decision comes as President Xi Jinping calls for accelerated development of a new energy system to ensure supply security.

China Implements New Measures to Control Gasoline and Diesel Prices

China announced the continuation of measures to control gasoline and diesel prices starting April 8, aiming to mitigate the impact of rising global oil prices on the domestic market. This initiative is part of the government's efforts to stabilize the economy amidst fluctuating energy costs.

Japan resumes gasoline price support amid financial concerns

The Japanese government has announced the resumption of gasoline price support to counter rising prices due to ongoing conflicts in the Middle East. This decision comes at a time when concerns about the country's financial situation are increasing.

Notable Increase in Used Electric Vehicle Sales in America

The United States is witnessing a significant rise in used electric vehicle sales amid a decline in the new car market. This trend comes as gasoline prices exceed $4 per gallon, prompting consumers to seek more efficient options.

Hong Kong Tops Global Gasoline Prices with $4.1 per Liter

Hong Kong leads the world in gasoline prices, with the cost reaching <strong>$4.1</strong> per liter. This situation highlights the impact of taxes and environmental policies on fuel costs.

Diesel Prices Surpass Gasoline: Causes and Expected Effects

Reports indicate that diesel prices have exceeded gasoline prices in many global markets, a trend expected to continue due to various supply and demand factors. The analysis highlights how geopolitical crises have impacted global oil markets.

Government Reduces Gasoline Price Increase to 9 Piastres

The government announced a gasoline price increase of only <strong>9 piastres</strong> instead of <strong>24 piastres</strong>, aiming to alleviate financial burdens on citizens amid challenging economic conditions.

Record Gasoline Prices Hit Nigeria Despite Oil Refinery Launch

Gasoline prices in Nigeria have reached new record levels, even with the recent launch of the country's giant oil refinery. Despite hopes that the refinery would alleviate economic pressures, prices remain unprecedentedly high.

Fuel Prices Surge in the US Following Trump's Speech

Former President Donald Trump's recent speech has raised concerns among American consumers, with gasoline prices climbing to <strong>$5</strong> per gallon and diesel prices expected to reach record levels. This comes at a time when the US economy is facing increasing pressures.

Announce new increase in gasoline prices amid market fluctuations

Former Minister of Petroleum warns that the recent increase of <strong>3 pounds</strong> in gasoline prices may not be the last. This comes as many countries face rising energy costs affecting living expenses.

Germany restricts gas price hikes to combat rising costs

The German government has announced new regulations allowing gas stations to raise gasoline prices only once a day, aiming to address significant price increases amid global tensions. This decision comes as fuel prices soar due to geopolitical events.

Jordan raises gasoline prices by up to 15% starting April

The Jordanian Oil Derivatives Pricing Committee announced a fuel price increase effective April 1, with a rise of up to 15%. This decision comes amid changing global economic conditions.

Jordan Raises Gasoline and Diesel Prices Amid Economic Struggles

The Jordanian government has announced an increase in gasoline and diesel prices while keeping kerosene prices stable. This decision comes amid the difficult economic conditions faced by citizens.

Jordan Raises Fuel Prices by Over 10% for April 2023

The Jordanian government announced an increase in gasoline and diesel prices for April 2023, with some categories exceeding a 10% rise. This decision comes in response to the ongoing increase in global oil prices.

Slight Increase in Super Gasoline Prices in Qatar for April 2024

Qatar Energy announced the fuel prices for April 2024, revealing a slight increase in the price of super gasoline compared to March. This change reflects ongoing fluctuations in global energy prices.

UAE to Increase Gas Prices by Up to 70% in April 2026

The United Arab Emirates has announced plans to raise gasoline prices in April 2026, with expected increases ranging from <strong>30%</strong> to <strong>70%</strong>. This move is part of the government's efforts to address growing economic challenges.

Chilean Investors Shift to Inflation-Linked Assets Amid Gas Price Surge

Chile has seen a notable influx of investors into the fixed-income market, directing their funds into inflation-linked assets following a significant rise in gasoline prices due to the ongoing war in Iran. This shift reflects a strategic response to economic changes impacting the local economy.

Japan shifts to Brent pricing to tackle rising gasoline prices

In an effort to contain rising gasoline prices, Japan's Ministry of Industry has requested local wholesalers to switch to Brent pricing instead of relying on Dubai crude. This decision comes amid Japan's significant dependence on imported oil from the Middle East.