Latest news with #fuel
Yahoo
3 days ago
- Business
- Yahoo
Ohio gas prices essentially unchanged from last week: See how much here
State gas prices are essentially unchanged for the second consecutive week at an average of $3.00 per gallon of regular fuel on Monday, approximately the same as last week's price, according to the U.S. Energy Information Administration. The average fuel price in state slightly rose about 3 cents since last month. According to the EIA, gas prices across the state in the last year have been as low as $2.75 on March 3, 2025, and as high as $3.58 on July 29, 2024. A year ago, the average gas price in Ohio was 13% higher at $3.44 per gallon. >> INTERACTIVE: See how your area's gas prices have changed over the years at . The average gas price in the United States last week was $3.16, making prices in the state about 4.9% lower than the nation's average. The average national gas price is slightly lower than last week's average of $3.17 per gallon. The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from the U.S. Energy Information Administration. Please leave any feedback or corrections for this story here. This story was written by Ozge Terzioglu. Our News Automation and AI team would like to hear from you. Take this survey and share your thoughts with us. This article originally appeared on Fremont News-Messenger: Ohio gas prices essentially unchanged from last week: See how much here
Free Malaysia Today
3 days ago
- Business
- Free Malaysia Today
Ecuador declares emergency at fire-hit oil refinery
The fire has caused extensive damage at the massive plant in the northwestern Esmeraldas province. (AP pic) QUITO : Ecuador today declared an emergency at the country's main oil refinery, where a fuel tank fire halted operations earlier this week, the state oil company Petroecuador said. Petroecuador said the fire that erupted Monday had caused extensive damage at the massive plant in the northwestern Esmeraldas province, near the border with Colombia. Two fuel oil tanks and an electrical substation at the plant – which can refine 110,000 barrels per day into gasoline, diesel, jet fuel and domestic gas – had been impaired. 'This forced the emergency shutdown of key units and auxiliary steam and power systems,' the plant operator said. No one was hurt in the blaze, and Petroecuador did not specify the amount of fuel that was in the tank when the fire broke out. But it cautioned that the fire erupted near two tanks that can store up to 2,544 cubic metres of fuel. To address the dangerous situation, the company said that the Esmeraldas Refinery had today 'declared an emergency operation to allow for urgent repairs and the restoration of operating conditions as quickly as possible'. The 60-day operation would facilitate the allocation of funds without bureaucratic procedures, it said. Ecuador is one of South America's top oil producers and is heavily reliant on its petroleum exports for revenue. Petroecuador did not specify how long the stocks at its distribution centres would last. Ecuador has two other refineries, with respective capacity for 45,000 and 20,000 barrels per day. The government said in a statement Monday that 'the supply of fuel is completely guaranteed throughout the country' despite the fire.
Bloomberg
4 days ago
- Business
- Bloomberg
Europe's Skies Busier Than Before Covid in Boon for Fuel Demand
Europe's skies are busier than before the Covid pandemic, a boon for the region's fuel-supplying oil refiners. Flights averaged almost 33,000 a day last week, a 2% increase on 2019, according to a report from Eurocontrol. That comes amid a slump in oil prices as the OPEC+ alliance adds supplies to the market and US tariffs threaten the global economy.
Bloomberg
5 days ago
- Business
- Bloomberg
Dangote Ends Nigeria's Run as Africa's Biggest Fuel Importer
Nigeria's time as Africa's biggest fuel importer has ended as the Dangote mega-refinery boosts production. The title is now held by South Africa, where operational fuel-making capacity has shrunk, according to a consultancy. Billionaire Aliko Dangote 's 650,000-barrel-a-day plant started ramping up in 2024, part of Africa's leading crude producer's aim to stop sending oil to Europe to be processed and shipped back.
Arabian Business
7 days ago
- Automotive
- Arabian Business
UAE petrol prices to change for June 2025
The UAE is set to announce petrol prices for June 2025 this week. Petrol prices increased fractionally sharply in May, following two months of increases, although prices for motorists filling up on Super 98, Special 95, E-Plus 91 and diesel have remained stable. It is currently significantly cheaper to fill up a tank than year ago, with all categories becoming more affordable, despite prices fluctuating throughout the past 12 months. UAE petrol prices May 2025 In May 2024, E-Plus 91 was priced at AED3.15 a litre, while diesel was set at AED3.07 a litre. On current prices, E-Plus 91 is cheaper (at AED2.39 a litre) than at this time last year. Special 95 and Super 98 are also cheaper now than a year ago, falling from AED3.22 to AED2.47 a litre and AED3.34 to 2.58 a litre respectively. Since May 1, the cost of filling up vehicles in the UAE has been: E-Plus: AED2.39 a litre from AED2.38 in April Special 95: AED2.47 a litre from AED2.46 in April Super 98: AED2.58 a litre from AED2.57 in April Diesel: AED2.52 a litre from AED2.63 in April In response to the COVID-19 pandemic in 2020, the Fuel Price Committee froze petrol prices in the UAE, preventing any changes. However, in March 2021, as global oil prices began to rise, the controls were lifted to allow market forces to determine petrol prices once again. Moreover, the fluctuation in petrol prices is also influenced by changes in crude oil prices worldwide. UAE fuel prices Prices in AED per litre E-Plus 91 Special 95 Super 98 Diesel May 2025 2.39 2.47 2.58 2.52 April 2025 2.38 2.46 2.57 2.63 March 2025 2.54 2.61 2.73 2.77 February 2025 2.55 2.63 2.74 2.82 January 2025 2.43 2.50 2.61 2.68 December 2024 2.43 2.50 2.61 2.68 November 2024 2.55 2.63 2.74 2.67 October 2024 2.47 2.54 2.66 2.60 September 2024 2.71 2.78 2.90 2.78 August 2024 2.86 2.93 3.05 2.95 July 2024 2.80 2.88 2.99 2.89 June 2024 2.95 3.02 3.14 2.88 May 2024 3.15 3.22 3.34 3.07 April 2024 2.96 3.03 3.15 3.09 March 2024 2.85 2.92 3.03 3.16 February 2024 2.69 2.76 2.88 2.99 January 2024 2.64 2.71 2.82 3
