Keywords: Gasoline prices
A potential US restriction on diesel exports could initially ease domestic diesel prices but eventually push gasoline prices higher, according to an analysis by Goldman Sachs, highlighting the complex effects that an export ban could have on the US refining system and global fuel markets. The scenario......
Global fuel markets could face renewed pressure as disruptions affecting diesel supplies begin to spill over into gasoline markets, with geopolitical tensions and reduced shipping activity through the Strait of Hormuz adding to concerns over energy availability. Goldman Sachs expects gasoline prices......
Fuel prices in Morocco are expected to rise again on Wednesday, with diesel remaining more expensive than gasoline as international oil markets continue to face supply pressures. The expected adjustment comes just two weeks after the previous increase. Diesel prices had already risen by 6 centimes per......
Producer-level inflation in the United States slowed in July 2026, suggesting that some cost pressures facing businesses have eased, particularly as energy prices declined. However, underlying inflation remained relatively firm, keeping monetary policy and interest-rate expectations in focus. According......
Canada's inflation rate slowed more than economists anticipated in June, offering households and policymakers a short-lived reprieve as falling gasoline prices helped ease overall consumer price growth. According to newly released data from Statistics Canada, the country's annual inflation rate......
The French government has announced that payments for its “heavy drivers” fuel assistance scheme will begin on Wednesday, following delays caused by a high volume of applications. The measure aims to support households heavily dependent on car travel amid rising fuel prices linked to global......
California gasoline prices have surged past six dollars per gallon as the conflict involving Iran, Israel, and the United States disrupts global energy supply chains and reshapes fuel production priorities in India. The crisis has linked cooking gas shortages in South Asia to mounting pressure on American......
Six weeks into the U.S.-led military campaign against Iran, the economic fallout is accelerating. The closure of the Strait of Hormuz, a strategic passage through which roughly 20% of the world's oil supply flows, has sent crude prices surging, pushed U.S. gasoline to its highest level in nearly......
Global demand for electric vehicles is rising sharply as oil prices surge following the conflict involving Iran, prompting consumers to reassess fuel costs and accelerate the shift toward electric mobility. Brent crude has recently traded above 112 dollars per barrel, up about 60 percent since hostilities......
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