Nigeria unions threaten strike over pump price riseNigeria's two main labour unions have called for a general strike from Wednesday unless the government reverses a plan to increase petrol prices by up to 67 per cent, a joint statement said on Saturday. Last week, the governme More… |
High petrol prices fuel US retailsAmerican shoppers snapped up new cars, clothing and electronics in February, pushing retail sales up for the eighth straight month. Retail sales rose one per cent last month, the Commerce Department has reported. Part of the gain reflected More… |
India to hike petrol prices by 4.5pcIndia's state-run fuel retailers will raise petrol prices by about 4.5 per cent from Sunday, sources at the companies said, putting increased pressure on wallets as the country battles the highest inflation of any major Asian economy. More… |
Bahrain to hike Mumtaz petrol price by 20pcThere is a proposal to increase the price of 'Mumtaz' fuel in Bahrain by 20 per cent, a top official told our sister newspaper Gulf Daily News (GDN). The proposal, which is now being discussed in government circles, could take effe More… |
Syria, Yemen hike petrol pricesSyria has announced a 10 per cent hike in petrol prices following a spike in consumption and rising cost of subsidising other fuels while Yemen raised the prices of diesel, kerosene and gasoline as part of a plan to cut government subusidies. More… |
UAE likely to raise petrol prices next monthThe UAE is likely to raise gasoline prices in September, an energy official said on Monday, as it moves to phase out subsidies that have strained the budget of the world's third largest oil exporter. The official said a price hike might al More… |
India ups petrol, diesel pricesThe Indian government on Friday raised prices of diesel and petrol, two television channels said. The government has raised petrol prices by 2.67 rupees per litre and diesel prices by 2.58 rupees per litre, ET NOW and CNBC TV 18 said.-Reut More… |
Americans hit road as petrol prices down 40pcMany Americans will rediscover their love of the open road this Memorial Day holiday weekend, prompted in part by gasoline prices that are nearly 40 per cent lower than last year. 'We're seeing that more people are actually traveli More… |