Keywords: Fuel prices
Motorists in Morocco are facing another increase in fuel prices after distributors raised the cost of both diesel and gasoline by one dirham per litre, reinforcing an upward trend that began in mid-July following several weeks of declining prices. The latest adjustment took effect late on August 2,......
Singapore Airlines has reported its first quarterly loss since the end of the COVID-19 pandemic, as higher fuel expenses and financial pressure linked to its associate Air India affected the carrier’s performance. The city-state’s flag carrier recorded a net loss of S$76 million ($58.79......
The Italian government is set to introduce a new package of measures aimed at limiting the impact of soaring fuel prices, as rising energy costs place increasing pressure on households, businesses and the country's public finances. The proposals, expected to be approved by the cabinet in Rome, come......
The French government has extended the deadline for motorists eligible for the “grands rouleurs” fuel assistance programme, allowing high-mileage drivers to submit their applications until the end of August instead of the original July deadline. Government spokesperson and Energy Minister......
easyJet reported a sharp decline in quarterly earnings after higher fuel costs and weaker travel demand linked to geopolitical tensions in the Middle East significantly affected the low-cost carrier's financial performance. The British airline posted a pre-tax profit of £85 million for the......
The French government has pledged to reassess its fuel support measures by the end of August as motorists continue to face rising prices at the pump driven by geopolitical tensions in the Middle East. Speaking on Tuesday, Energy Minister and government spokesperson Maud Bregeon acknowledged that fuel......
A group of European Union countries is calling for a rethink of a planned carbon pricing system for transport fuels, raising new questions over the future direction of the bloc’s climate policy. Ten member states, including Italy and Poland, have expressed concerns about the proposed measure,......
Greek Prime Minister Kyriakos Mitsotakis has announced a government agreement with major oil refineries aimed at reducing gasoline and diesel prices for consumers during the summer period. The measure is designed to limit the impact of rising energy costs linked to renewed tensions in the Middle East,......
As the summer travel season gets underway across France, fuel prices continue to ease only partially, remaining significantly higher than levels recorded before the outbreak of conflict in the Middle East, according to government data released on Monday. While motorists are seeing some relief at the......
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