Gasoline
Oil Prices Spike On Geopolitical Tensions: Middle East Clashes, Ukraine War Stoke Supply Concerns
National News

India’s Oil Demand Surges In October, Highest Jet Fuel Consumption Since March 2020

Demand for oil grew by 1.6 per cent month over month in October in India and 4 per cent year over year as mobility remained strong amid festivities, according to S&P Global Commodity Insights. Jet fuel demand rose to 177,00 barrels per pay in October, the highest consumption recorded since March 2020 when the world […]

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Oil Companies May Reduce Petrol, Diesel Prices Soon
News

Diesel Sales Down 9.5% In August, Gasoline Sales Down 5.2%

Indian state retailers’ gasoline and diesel sales fell in the first half of August from the previous month and a year ago, preliminary sales data showed on Wednesday, as industrial activity and mobility were hit due to monsoon rains. Fuel demand in India, the world’s third-biggest oil importer and consumer, typically falls during the four-month […]

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Gasoline Tax Cut In Israel To Help Combat Rising Prices
International News

Gasoline Tax Cut In Israel To Help Combat Rising Prices

Israel’s Minister of Finance Bezalel Smotrich has signed orders reducing the excise tax and purchase tax imposed on gasoline. The orders state that during the month of August 2023, a purchase tax and excise tax in the amount of 2,582.35 Shekels (USD 700) per thousand litres (264 gallons) will be applied to gasoline, so that […]

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