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gasoline and diesel usage and pricing

Airlines in Asia hike fares as Mideast war raises fuel costs

Airlines in Asia hike fares as Mideast war raises fuel costs

Airlines in the Asia-Pacific region, including Qantas, Air India and Cathay Pacific, have hiked fares -- or will soon -- to factor in surging jet fuel prices spurred by war in the Mideast. The average world price of aviation fuel reached $173.91 a barrel on Monday, according to the benchmark

Missoula's Mountain Line uses electric buses to combat rising gas prices

Missoula's Mountain Line uses electric buses to combat rising gas prices

MISSOULA, Mont. – As gas prices continue to rise, businesses and drivers across Montana are feeling the impact. However, Missoula's public transit system, Mountain Line, is less affected due to its transition to electric buses. Mountain Line has introduced electric buses as part of a long-term strategy to

Egyptians feel Iran war shockwaves as fuel prices jump

Egyptians feel Iran war shockwaves as fuel prices jump

Egyptians watched their everyday costs surge on Tuesday after the government raised fuel prices, blaming spiralling global energy markets due to the US-Israeli war on Iran. Hours after price hikes of up to 30 percent were announced in the middle of the night, a Cairo market bustled with buyers

Vietnam to tap emergency fund to cool surging fuel prices

Vietnam to tap emergency fund to cool surging fuel prices

Vietnam moved Tuesday to tap an emergency fund to cool surging fuel prices, as the Middle East war has disrupted supplies and sparked long queues at petrol stations across the country. Vietnam initially resisted dipping into its Fuel Price Stabilisation Fund as unleaded gasoline rose 21 percent and diesel spiked

Asian economies move to limit Mideast war's impact at home

Asian economies move to limit Mideast war's impact at home

Faced with soaring prices and disruptions to their oil and gas supplies, Asian countries heavily dependent on fossil fuels from the war-struck Gulf are moving to protect their domestic markets. Here are some of the measures being considered to limit the war's impact: - South Korea eyes price

Trump defends Iran war decision as oil soars above $100

Trump defends Iran war decision as oil soars above $100

Oil prices surged above $100 a barrel for the first time in nearly four years on Sunday over worries that the spiralling Middle East war could create prolonged supply disruptions. Both crude oil benchmarks, the West Texas Intermediate (WTI) and Brent, jumped by over 15 percent as markets opened Sunday

Rising US fuel prices risk sparking domestic wildfire for Trump

Rising US fuel prices risk sparking domestic wildfire for Trump

Sean Robinson, a 54-year-old schoolteacher in the US capital Washington, did not realize how high gas prices had gotten until he arrived at the pump on Friday. "That is a sizeable jump," he told AFP, pointing to a neon sign showing $3.27 for a gallon