Global petrol prices news digest

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17-Oct-2019

UK: Why Grant Shapps shouldn’t accelerate the ban on petrol and diesel cars
17-Oct-2019 by The Spectator
How fortunate that electric vehicle technology has moved on to the extent that transport secretary Grant Shapps is able to announce he in looking at bringing forward to date on which petrol and diesel cars will be banned from 2040 to 2035. Or maybe not. more information

16-Oct-2019

UK: The country considers road pricing to replace lost fuel revenue
16-Oct-2019 by Fleet Europe
The ‘looming black hole’ of lost tax revenue raised from petrol and diesel sales, as drivers switch to electric power, has led British MPs to kickstart a national debate about road pricing. more information

08-Oct-2019

Malaysia: The country to roll out targeted fuel subsidy from January
08-Oct-2019 by Nikkei Asian Review
Malaysia on Monday announced a long-delayed targeted fuel subsidy program in a move that economists said will shrink its hefty social assistance bill and demonstrate its commitment towards fiscal consolidation. more information
Iran: No decision made on rationing subsidized gasoline
08-Oct-2019 by Tehran Times
Iranian parliament (Majlis) speaker Ali Larijani said the parliament has not still made any decision about rationing the subsidized gasoline, Tasnim news agency reported. more information

07-Oct-2019

Europe: Denmark calls for EU strategy to phase out diesel and petrol cars from 2030
07-Oct-2019 by Reuters
Denmark, backed by 10 other European Union countries, on Friday called for a strategy to phase out diesel and petrol cars, including allowing the ban of sales at member state-level by 2030 to combat climate change. more information

10-Sep-2019

India: Government will not ban petrol, diesel vehicles
10-Sep-2019 by Trak.in
There’s a lot of news rushing in from the automobile sector. Nonetheless, the government and the finance minister have been trying very hard to lift up the terrible automobile slump that is going on in the Indian economy. Not only have it brought down sales to a significant level, it has also rendered multitudes off their jobs. more information

29-Aug-2019

South Africa: Treasury wants to deregulate the petrol price
29-Aug-2019 by Business Insider
The deregulation of the petrol price may not mean cheaper fuel prices - just more volatile ones, an analyst predicts. more information

27-Aug-2019

Australia: Motorists 'losing millions of dollars' without real-time petrol pricing
27-Aug-2019 by 9News
The Royal Automobile Association of South Australia (RAA) says motorists are paying millions of dollars more than they should for petrol, because the state government hasn't delivered on a promise to deliver real-time pricing. more information
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