Gasoline

Dangote Refinery Halts Gasoline Sales in Local Currency: What You Need to Know

2 days ago

The Dangote Refinery, Nigeria's largest oil refinery, has suspended gasoline sales in the local currency, the naira, raising significant concerns over the implications for local fuel supply and pricing. This decision comes amid ongoing economic challenges and a volatile foreign exchange market, which has prompted many businesses to reevaluate their operational strategies.

Trump's Strategic Move Against California's Gasoline Car Ban

1 month ago

Former President Donald Trump is making headlines once again as he actively seeks to outmaneuver the state of California regarding its controversial ban on gasoline-powered vehicles. This action comes amid California's aggressive measures aimed at combating climate change, which notably include the proposed ban on the sale of new gasoline cars by 2035. Trump, who has consistently positioned himself as a proponent of traditional energy sources, is presenting an alternative narrative that is quickly gaining traction among certain segments of the population.

Mazda Set to Achieve Record Sales in 2024, Fueled by Gasoline Vehicles

3 months ago

As 2024 approaches, Mazda is on track to achieve unprecedented sales figures, largely attributed to its robust lineup of gasoline-powered vehicles. This surge in demand reflects broader trends in the automotive industry, where fuel-efficient combustion engines continue to find favor among consumers despite the growing popularity of electric and hybrid alternatives.

Stockholm Reverses City Center Gasoline Car Ban, Inviting Controversy

4 months ago

In a significant policy shift, Stockholm officials have decided to lift the previously established ban on gasoline-powered vehicles in the city center. This decision has sparked discussions and raised eyebrows among environmentalists, city planners, and residents alike. The news comes via reports from SVT, Sweden's national public TV broadcaster.

China's Electric Vehicle Surge Set to Disrupt Global Gasoline Demand

4 months ago

The rapid rise of electric vehicles (EVs) in China is poised to drastically affect global gasoline consumption, with significant implications for the oil market. According to experts, the escalating popularity of EVs in the world’s largest automotive market could potentially drive gasoline demand to unprecedented lows in the coming years.

US Producer Price Index Holds Steady as Gasoline Costs Decline

5 months ago

The latest report on the U.S. Producer Price Index (PPI) has emerged, revealing that it remained unchanged for September, marking a significant moment for economic observers. The stability in the index comes amid a notable decline in gasoline prices, impacting overall costs for producers and hinting at underlying trends in inflation.