SAO PAULO, June 20 – The chief executive of Brazil’sstate-run oil company Petrobras PETR4.SAresigned on Monday in the face of mounting pressure from politicians after the firm announced a fuel price hike last week, adding to inflation concerns …
BRUSSELS/LONDON – A European Union plan to extend carbon pricing to the fuel used in cars and to heat homes is facing a wall of early resistance from countries and lawmakers fearing a public pushback unless backers find ways …
Fuel prices rose last week for the first time in several weeks, but that doesn’t mean gasoline costs are back on the rise for long.
The cost of a gallon of regular unleaded jumped nearly 4 cents up to $2.19, while …
Prices at the pump have fallen to their lowest levels since March – just in time for the holiday travel break – even though crude oil values have risen in recent weeks.
Seasonal declines in fuel prices and …
The United Arab Emirates (U.A.E.) will become the first country in the Persian Gulf to remove fuel subsidies. The move will increase unleaded gasoline prices 24% next …
