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G7 nations will release 100m barrels of oil and diesel after prices shoot up

02 Oct 2026

G7 countries agreed on Friday to release 100 million barrels of diesel and crude oil from their reserves over four months, leaders said, agreeing to 'refrain from export restrictions...

Trump says Europe agrees to release 'massive amount' of diesel

02 Oct 2026

President Donald Trump said Friday that Europe has agreed to release some of its diesel reserves 'immediately,” as the president and his Republican Party face pressure to address surging...

US diesel prices hit all-time high of $5.85 per gallon

05 Sep 2026

US diesel prices scaled a record high on Friday, with data from the American Automobile Association (AAA) showing average pump prices hitting $5.85 per gallon, compared to $3.71 a...

US diesel price hits new high on Iran war, squeezing voters

04 Sep 2026

The price of diesel — the vital fuel used for road hauling, agriculture and construction — hit a new record on Friday in the United States, as disruption from...

Diesel prices surge as refined product supplies tighten in US, Europe

11 Aug 2026

Diesel prices in the United States and Europe rose sharply on Monday amid disruptions to supplies of refined oil products, including diesel fuel. US ultra-low sulfur diesel futures surged...

India’s petrol, diesel prices will not increase

07 Mar 2026

Government sources said on Saturday that petrol and diesel prices will not increase, adding that India’s energy stock position is improving and the situation is becoming more stable. According...

Pakistan raises petrol, diesel prices by record amount

16 Sep 2023

Pakistan on Friday announced a record rise in petrol and diesel prices, the second big increase in two weeks for the South Asian nation that is already struggling with...

UAE fuel prices to drop by 3-4 fils for December 2021

29 Nov 2021

Farouq Fayyadh, Staff Reporter The UAE Fuel Price Follow-up Committee approved the fuel prices for December 2021 inclusive of the 5 per cent value added tax. Fuel prices for...

Venezuelan farms go waste due to diesel shortage

21 May 2021

Luc Cohen and Keren Torres, Reuters Venezuelan farmer Agustin Zenere should have been planting corn by the second week of May — a crucial task in the economically devastated...

Motorists beware, fuel prices have risen for the month of April in UAE

28 Mar 2021

Farouq Fayadh, Staff Reporter The UAE fuel prices will rise for April by 8-9 per cent for gasoline and 3 per cent for diesel including the 5 per cent...

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