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Economy

Kenya Slashes Diesel Costs Following Fatal Unrest Over Fuel Prices.

May 19, 2026 at 6:39 AM

Following violent protests triggered by record fuel price hikes, Kenyan authorities have announced a 7% reduction in diesel prices to alleviate economic pressure on transport operators and citizens.

19 sources

Kenya Slashes Diesel Costs Following Fatal Unrest Over Fuel Prices

Image Credit : amp.dw.com

India

Image Source : newindianexpress.com

India Implements Significant Fuel Price Hike Amid Global Market Volatility.

May 15, 2026 at 6:15 AM

9 sources

Aviation

Soaring Jet Fuel Costs Set to Drive Up European Airfares.

International Air Transport Association head Willie Walsh warns that rising jet fuel prices, exacerbated by Middle East instability, will inevitably lead to higher airfares in Europe despite temporary discounting.

May 14, 2026 at 3:13 AM

9 sources

Technology

Image Source : autonews.com

Rising Fuel Costs Driving Consumers Toward EVs, Says BYD Executive.

May 13, 2026 at 12:44 PM

9 sources

Surging Oil Prices Skyrocket Airline Fuel Costs, Threatening Passenger Ticket Prices

Image Source : businessinsider.com

Business•

May 12, 2026 at 9:34 PM

Surging Oil Prices Skyrocket Airline Fuel Costs, Threatening Passenger Ticket Prices.

As global oil prices remain above $100 per barrel due to the conflict in Iran and the closure of the Strait of Hormuz, airlines are facing a severe crisis. With fuel costs nearly doubling, carriers are passing these expenses to travelers, leading to significant increases in airfares.

7 sources

Business

How Soaring Fuel Costs Are Boosting Costco’s Retail Dominance.

May 10, 2026 at 9:40 AM

As gasoline prices exceed $4.50 per gallon, US consumers are increasingly turning to Costco for fuel, driving a significant uptick in both fuel revenue and overall warehouse foot traffic.

4 sources

Local News

Image Source : energy.ec.europa.eu

Hidden Costs in Fuel Pricing Cast Doubt on Electricity Tariff Logic.

May 8, 2026 at 12:06 AM

6 sources

Local News

Image Source : thestylus.org

Ignoring Reality: The Misuse of Diesel Resources in Sri Lanka's Political Landscape.

May 4, 2026 at 1:14 AM

11 sources

Local News

Image Source : kolomthota.com

School Transport Services Signal Imminent Fare Hikes Following Fuel Price Surge.

May 3, 2026 at 8:01 AM

9 sources

Economy•

April 17, 2026 at 9:45 AM

Ceylon Petroleum Corporation Clarifies High-Cost Fuel Imports Amid Market Volatility.

The CPC Chairman clarified that reports of crude oil being purchased at $286 per barrel were inaccurate, explaining that the high cost applied to refined diesel due to global supply chain pressures.

10 sources

Economy

Escalating Geopolitical Tensions Drive Sri Lanka's Oil Import Costs to Record Highs.

April 16, 2026 at 4:54 AM

HSBC CEO Georges Elhedery reveals that global energy market disruptions have forced nations like Sri Lanka to pay as much as $286 per barrel for oil, far exceeding international benchmark prices.

12 sources

Escalating Geopolitical Tensions Drive Sri Lanka's Oil Import Costs to Record Highs

Image Credit : sudanindependent.net

United States

Image Source : businessinsider.com

Rising Fuel Costs Weigh Heavily on American Economic Sentiment.

April 13, 2026 at 6:20 PM

9 sources

Local News

Image Source : newsfirst.lk

Domestic LP Gas Rates Adjusted Amid Rising International Market Costs.

April 7, 2026 at 12:01 PM

9 sources

Local News

Image Source : sinhala.adaderana.lk

Advocata CEO Warns of Impending Diesel Price Hike in Sri Lanka.

April 7, 2026 at 3:15 AM

2 sources

Government Approves Price Relief Mechanism for Petrol and Diesel Amid Global Market Instability

Image Source : ceylonwire.lk

Local News•

April 7, 2026 at 12:51 AM

Government Approves Price Relief Mechanism for Petrol and Diesel Amid Global Market Instability.

The Sri Lankan government has approved a subsidy scheme to stabilize fuel prices, providing up to LKR 20 per liter for 92 Octane petrol and LKR 100 per liter for auto diesel starting March 22, 2026.

10 sources

Local News

Sinopec Adjusts Retail Price for Super Diesel.

April 6, 2026 at 5:59 PM

Sinopec Energy Lanka has revised the price of Super Diesel, increasing it by Rs. 28 to a new rate of Rs. 600 per litre, effective from midnight today.

7 sources

Sinopec Adjusts Retail Price for Super Diesel

Local News

Image Source : ada.lk

Government Implements Fuel Price Relief Measures to Cushion Economic Impact.

April 6, 2026 at 3:01 PM

1 sources

Local News

Image Source : yahoo.com

Government Announces New Diesel Subsidy and Digital Payment Reforms.

April 6, 2026 at 3:01 PM

5 sources

Economy

Image Source : politico.eu

Global Aviation Sector Faces Turbulence as Jet Fuel Crisis Triggers Flight Cancellations.

April 5, 2026 at 9:52 PM

10 sources

Pakistan Faces Economic Strain as Transport Costs Surge by 65 Percent

Image Source : tribuneindia.com

World News•

April 5, 2026 at 5:04 AM

Pakistan Faces Economic Strain as Transport Costs Surge by 65 Percent.

Record-high fuel price hikes in Pakistan have forced transporters to increase passenger and freight fares by up to 65%, sparking widespread public outcry and warnings of industrial stagnation.

10 sources