fuel prices News

Russia Considers Extending Gas Export Restrictions Amid Stable Domestic Fuel Prices

The Russian government is assessing an extension of gas export restrictions until October 2025, amid stable domestic fuel prices and no reported shortages. This follows previous ba...

India's Wholesale Inflation Dips to 0.85% in April, Marking a 13-Month Low Amid Falling Food and Fuel Prices

India's wholesale inflation eased to a 13-month low of 0.85% in April 2025, driven by declines in food and fuel prices. Experts anticipate further decreases, with retail inflation ...

January Sees a Surge in Spanish Inflation to 3%, Fueling Economic Concerns

Spain's inflation rate increased to 3% in January, driven by higher fuel and electricity prices. This rise from December's 2.8% exceeded analysts' expectations, with monthly consum...

IndiGo's Q3 FY25 Financial Performance: A 18% Net Profit Drop Amidst Rupee Weakness

IndiGo reports an 18% decline in Q3 net profit to Rs 2,448.8 crore due to rupee weakness, despite a 14.6% increase in total income and lower fuel prices. The airline carried a reco...

December Sees A Surge in Spanish Inflation: What’s Behind The Numbers?

Spain's inflation rate increased to 2.8% in December, up from 2.4% in November, driven by higher fuel and leisure prices. This rise exceeded analysts' expectations, raising questio...

CII Advocates for Fuel Excise Duty Reduction to Stimulate Economic Growth

The Confederation of Indian Industry (CII) proposes reducing excise duty on fuel and personal income tax rates to stimulate economic growth, address inflation, and enhance consumpt...