Regional bottlenecks and strong product margins boost European gasoline prices - S&P Global

Latest News About Russia turns to imported fuel as global gasoline prices rise

Russia now relies on imported gasoline after formal verification from the Russian government. Energy supply problems have affected multiple regions, including Crimea and Central Asia. Local petrol pumps are running dry, leading to arguments at petrol stations. Authorities are arresting people who protest against the severe fuel supply issues.

European gasoline prices are rising. S&P Global reported that regional bottlenecks and high refining margins caused the steep rises. Meanwhile, MotorTrend reported on a novel method for cars that aims to deliver synthetic gas for under $5, aiming to provide a clean-burning fuel alternative.

Sources & References