Friday 4 September 2015
 
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diesel

UAE lowers gasoline, diesel prices

The United Arab Emirates (UAE) will lower domestic prices for gasoline and diesel in September, the Ministry of Energy said on Thursday. The price of a litre of octane 95 gasoline will fall 8.4 per cent to Dh1.96 ($0.5336) at the

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UAE savings from fuel price reform to rise sharply

The government of the United Arab Emirates will save only a modest amount of money from reforms to its fuel price system in 2015 but the savings are likely to rise sharply in coming years, an International Monetary Fund official said on Tuesday.

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UAE shifts fuel prices as the Gulf watches

The United Arab Emirates has become the first Gulf state to take a major step towards taming the gas-guzzling habits of its drivers, who see cheap fuel as part of their birthright. The UAE said it would raise domestic prices for g

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UAE to raise gasoline price 24pc to 58 cents

The United Arab Emirates said it would raise domestic prices for gasoline and cut them for diesel in a politically sensitive reform designed to save the government money and encourage motorists to use fuel more efficiently. The pr

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UAE to raise gasoline price by 24pc, diesel down 29pc

The United Arab Emirates said it would raise domestic prices for gasoline and cut them for diesel in a politically sensitive reform designed to save the government money and encourage motorists to use fuel more efficiently. The pr

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Diesel generators delivered to Masirah Oman power plant

Muscat International Shipping and Logistics, a leading Omani logistics firm, has delivered diesel generators for the Masirah Oman power plant, according to a report. The cargo comprised seven Wärtsilä generator sets, wei

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Saudi floods market with diesel; price war seen

The world's top crude oil exporter Saudi Arabia has turned itself into a major power of refined fuels, offering customers millions of barrels of diesel and potentially triggering a price war with Asian competitors as its exports feed into a

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Saudi diesel genset market to grow 13pc

Saudi Arabia’s diesel genset market is set to witness an upward trend over the next six years at a growth rate of 13.55 per cent, according to research firm 6Wresearch. The demand for diesel genset is expected to thrive on a

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Saudi diesel genset market to grow 13pc

Saudi Arabia’s diesel genset market is set to witness an upward trend over the next six years at a growth rate of 13.55 per cent, according to research firm 6Wresearch. The demand for diesel genset is expected to thrive on a

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Vietnam's Petrolimex ends Kuwait diesel term contract

Vietnam's top fuel importer, Petrolimex, and Kuwait Petroleum Corp (KPC) have ended their long-standing diesel term contract that dates back to the 1990s since imports from Southeast Asia now attract lower duties, two industry sources said

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