Maria SantosLogistics
Japan Caps Gasoline at ¥170 as Middle East Tensions Drain Subsidy Fund
Tokyo will tap a ¥2.5 trillion emergency reserve after fuel subsidy balances dropped to ¥210 billion at the end of July.
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Gasoline
Every story tagged Gasoline on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.
Stories tagged Gasoline
68 stories in this topic
Aiko TanakaLiving
Philippine Fuel Retailers Raise Diesel by P2.31 per Liter
The second consecutive weekly increase lifts domestic diesel and petrol prices as shipping friction in the Strait of Hormuz tightens regional product benchmarks.
Sarah ChenLiving
Vietnam Gasoline Prices Drop as Global Oil Market Reacts to Strait of Hormuz Developments
On Thursday, gasoline prices in Vietnam experienced a modest decline compared to the previous week. The widely used E10 RON95 gasoline dipped by 0.94%, bringing the price down to VND22,110 (approximately US$0.85) per liter. There was a slightly larger drop in…
Wei ZhangLiving
Global Tensions Fuel Surge in Vietnam’s Gasoline Prices
On Thursday, petrol prices in Vietnam saw a significant hike due to a surge in global fuel prices. The country’s most widely consumed fuel, E10 RON95, experienced a 4.28% price rise, bringing its cost to VND21,430 (US$0.81) per litre. There were similar…
Sarah ChenLiving
Gasoline Takes a Dip while Diesel Climbs: Fuel Price Fluctuations Amid Global Tensions
On Thursday afternoon, fluctuations in global rates resulted in a decrease in gasoline prices and an increase in diesel prices. The popular gasoline variant, E10 RON95, saw a 2.01% drop pricing it at VND20,000 (US$0.76) per liter. Diesel Prices Rise as…
Rajiv MenonLiving
Global Uncertainties Trigger Gasoline Price Tumble in Vietnam: Implications for U.S.- Iran Peace Talks
In Vietnam, gasoline prices experienced a minor decrease on Thursday amidst the ongoing global price instability due to the uncertainties surrounding the peace talks between the U.S. and Iran. E10 RON95, a commonly used fuel, saw a 3.73% drop, bringing its…
Wei ZhangLiving
Fuel Frenzy: Indonesia Suffers Sudden 32% Surge in Popular Gasoline Prices Amidst Middle East conflict
In response to the ongoing conflict in the Middle East, Indonesian public corporation Pertamina has substantially elevated its fuel prices, marking the first rise since hostilities commenced. The price of 92-octane gasoline, popularly referred to as Pertamax…
Aiko TanakaLiving
Gasoline Prices Skyrocket Amid Ongoing Middle East Conflict and Peace Talks Uncertainty
Biofuel E5 RON92 has experienced an upsurge of 5.17%, setting its current price at VND23,790. On the contrary, the cost of Diesel has seen a decrease, falling by 2.42% to VND27,490. Global Oil Market Trends Shifting focus to the global oil market, it…
Maria SantosLiving
Unprecedented Dip in Vietnam’s Gasoline Prices: Lowest Rate Since March Amid Falling Global Petroleum Market
On Thursday afternoon, gasoline prices in Vietnam plunged to their lowest levels since March 5, marking the fifth consecutive session of declines. The most commonly used fuel, RON95, dipped 0.69% to VND22,880 (US$0.87) per liter. Fuel Price Drops Biofuel E5…
Minjun ParkLiving
Fry to Fly: Thailand’s Innovative Fuel Exchange Turns Used Cooking Oil into Gasoline
A leading Thai oil corporation, Bangchak Corporation, has introduced an innovative programme enabling individuals to swap used cooking oil for regular-grade diesel or gasohol, offering relief to the escalating cost of living. Billed as the “Fry to Fly – 2…
Sarah ChenGeneral
Singapore Sees First Gasoline Price Drop in Weeks as Global Oil Tumbles
In a surprising turn of events, gasoline prices in Singapore have seen a drop for the first time in nearly three weeks. Shell, one of the leading retailers, has become the pioneer in cutting its rates. As of Wednesday afternoon, Shell was selling 95-octane…
Wei ZhangLiving
Vietnam Gasoline Prices Skyrocket Amid Middle East Conflicts: Highest Surge since 2022 Crisis
Last Thursday, Vietnam experienced a significant surge in gasoline prices, which increased by 20% to reach their highest level since July 2022. This sharp rise is linked to ongoing conflicts in the Middle East, which have prompted a double-digit escalation in…
Wei ZhangLiving
Iranian Conflict Sparks 7% Surge in Vietnam’s Gasoline Prices: Government Leans on Stabilization Fund
The price of gasoline is on a continual rise, leading the government to depend on its stabilization fund to provide subsidies. On Tuesday, there was yet another increase, with the price of RON95 fuel skyrocketing by 7.69% to VND29,120 (US$1.11) per litre.…
Aiko TanakaLiving
Fuel Price Revolution: Vietnam Gasoline Plummets Amid Global Market Fluctuations
In Vietnam, gasoline prices experienced a reduction on Thursday afternoon, echoing the recent drop in global rates. The widely used fuel, RON95, underwent a decrease of 0.43%, bringing its cost down to VND18,630 (US$0.71) per liter. In a similar trend, the…
Maria SantosLiving
Vietnam Hits Five-Year Low in Gasoline Prices: A Dive into the Market Factors
As of Thursday, gasoline prices in Vietnam have significantly dropped, hitting a record low since February 2021. The highly preferred fuel, RON95, witnessed a decrease of about 1.85%, bringing its price down to VND18,560 (US$0.71) per liter. Likewise, Biofuel…
Maria SantosLiving
Vietnam Gasoline Prices Tumble: Global Market Shifts Trigger Unexpected Fuel Cost Decline
On Thursday, Vietnam witnessed a decrease in gasoline prices, continuing the downward trend from the previous week, in line with the global slump in fuel costs. The nation’s common fuel, RON95, experienced a 3.16% decrease, bringing it down to VND19,000.…