Home ยป fuel prices
Tag:

fuel prices

Business

Pertamina Fuel Price Hike: New Rates Across Indonesia

by Priya Shah โ€“ Business Editor
written by Priya Shah โ€“ Business Editor

Fuel Prices Across Indonesia Updated Starting December 1, 2025

Consumers across Indonesia will seeโค consistent fuel prices beginning December 1, 2025, according to โคa recentโค pricing announcement. Pertamax willโ€Œ be available for IDR 13,050 per liter in mostโข regions, while Pertamax Turbo is priced โ€at โ€ŒIDR 14,050 per liter where โ€offered. โ€ŒDiesel options โ€Œinclude Dexlite at IDR 15,000 per liter and Pertamina Dex at IDR 15,300 per liter.

These updated prices impact transportation costs, household budgets, and overall economic activity throughout the archipelago. The consistent pricing aims to provide clarity for โ€Œconsumers and businesses alike, particularly โ€Œinโค regions heavily reliant on fuel for daily operations. The adjustments reflect ongoing evaluations of global oil market conditions and the rupiah’s exchange rate, with Pertaminaโ€Œ committed โฃto ensuring fuel availability nationwide.

Here’s โ€Œa breakdown of โคfuel prices by province, as of December 1, 2025:

North Kalimantan:

* Pertamax: IDR 13,050/liter
* Pertamax Turbo: IDR 14,050/liter
* Dexlite: IDR 15,000/liter
* Pertamina Dex: โ€ŒIDR 15,300/liter

North Sulawesi:

* Pertamax: IDR 13,050/liter
* Pertamax Turbo: IDRโ€ 14,050/liter
* Dexlite: IDR 15,000/liter
* โ€Œ Pertamina Dex: IDR 15,300/liter

Gorontalo:

* Pertamax: IDR โ€13,050/liter
* pertamax Turbo: IDR 14,050/liter
* Dexlite: IDRโข 15,000/liter
*โ€ Pertamina Dex: IDR 15,300/liter

Central Sulawesi:

* โ€Œ Pertamax: IDR 13,050/liter
* Pertamax Turbo: IDRโ€Œ 14,050/liter
* โฃDexlite: IDR 15,000/liter
* โข Pertamina Dex: IDR 15,300/liter

Southeast Sulawesi:

* Pertamax: IDR 13,050/liter
* โ€Œ Pertamax Turbo: IDR 14,050/liter
* Dexlite: IDR 15,000/liter
* Pertamina Dex: IDR 15,300/liter

South Sulawesi:

* Pertamax: IDRโ€ 13,050/liter
* Pertamax Turbo: IDR 14,050/liter
* dexlite: IDR 15,000/liter
* โคPertamina Dex: IDR 15,300/liter

West Sulawesi:

* Pertamax: โคIDR 13,050/liter
* Pertamax Turbo: IDR 14,050/liter
* โข Dexlite: IDR 15,000/liter
* Pertamina Dex: IDR 15,300/liter

Maluku:

* Pertamax: IDR 13,050/liter
* โข Dexlite: IDR 15,000/liter

North Maluku:

* โข Pertamax: IDR 13,050/liter
* โข Dexlite:โข IDR 15,000/liter

Papua:

* Pertamax: IDR 13,050/liter
* Pertamaxโ€‹ Turbo:โ€ IDR 14,050/liter

0 comments
0 FacebookTwitterPinterestEmail
Business

Philippines Gas Prices Jump: Diesel, Kerosene, and Gasoline to Rise

by Priya Shah โ€“ Business Editor
written by Priya Shah โ€“ Business Editor

Philippine Fuel Prices Rise for Fourth Consecutive Week

Table of Contents

Manila, Philippines – Filipino motorists are bracing for another week of higher fuel costs, as several major oil companies implemented price increases on monday, August 5, 2025. This marks the fourth consecutive week of upward adjustments for both diesel and kerosene, impacting transportation and household budgets across the archipelago.

Price Adjustments Announced by Major Oil Firms

Petron Corporation, Seaoil Philippines Corporation, and Shell Pilipinas Corporation announced increases of P1.90 per liter for gasoline, P1.20 per liter for diesel, and P1.00 per liter for kerosene. Cleanfuel and Petro Gazz followed suit with identical adjustments, excluding kerosene, which they do not offer.Chevron Philippines Inc. (caltex) also raised prices, though at a slightly smaller margin: P1.30 per liter for gasoline, P0.90 per liter for diesel,and P0.75 per liter for kerosene.

The price hikes took effect at 6:00 a.m. on Tuesday, August 5, 2025, for all firms except Cleanfuel, which adjusted prices at 4:01 p.m. the same day.Other oil companies have yet to announce their respective adjustments for the week.

Did You Know? The Philippines imports approximately 97% of its crude oil needs, making it highly vulnerable to fluctuations in the global market.

Global Factors Influencing Philippine Fuel Prices

According to the Department of Energy-Oil Industry Management Bureau (DOE-OIMB), the price increases are primarily driven by renewed concerns regarding potential supply disruptions.These concerns stem from recent sanctions imposed by the United States on both Russia and Iran, major oil-producing nations. Furthermore, the improved economic activity following the recent US-EU trade deal is contributing to increased demand and, consequently, higher prices.

Pro Tip: Consider utilizing fuel-efficient driving techniques and exploring alternative transportation options to mitigate the impact of rising fuel costs.

Recent Fuel Price Trends

Last week, the trend was reversed, with gasoline prices experiencing a slight rollback of P0.10 per liter. However, diesel and kerosene prices were increased by P0.15 and P0.20 per liter, respectively. This week’s increases signal a shift back towards a sustained upward trend, raising concerns about the potential for further price hikes in the coming weeks.

Fuel Type Price Increase (โ‚ฑ/liter) Effective Date
Gasoline 1.90 (Petron, Seaoil, Shell) / 1.30 (Caltex) August 5, 2025
Diesel 1.20 (Petron,Seaoil,Shell) / 0.90 (Caltex) August 5, 2025
Kerosene 1.00 (Petron, Seaoil, Shell) / 0.75 (Caltex) August 5, 2025

Understanding Global Oil Price Dynamics

Fluctuations in global oil prices are influenced by a complex interplay of geopolitical events, economic indicators, and supply-demand dynamics. The Organization of the Petroleum Exporting Countries (OPEC) plays a meaningful role in regulating oil supply,and its decisions can have a substantial impact on prices worldwide. Furthermore, unexpected events such as natural disasters or political instability in oil-producing regions can lead to sudden price spikes. The Brent Crude benchmark, a major pricing reference for oil, currently trades around $85 per barrel (as of July 29, 2025), reflecting ongoing market uncertainties.


Disclaimer: This article provides general details regarding fuel price adjustments and should not be considered financial or investment advice.

What are your thoughts on the rising fuel costs? Share your comments below, and don’t forget to share this article with your network! Subscribe to World Today News for the latest updates on economic trends and breaking news.

0 comments
0 FacebookTwitterPinterestEmail
Business

Fuel prices at stations in Poland. One type of fuel is more expensive

by Priya Shah โ€“ Business Editor
written by Priya Shah โ€“ Business Editor

Fuel Prices Hold Steady Amidst Shifting Markets

EU Sanctions and Global Oil Trends Influence Local Pricing

Recent analysis of Polish gas station prices reveals minimal change from the previous week. A slight decrease was noted for gasoline, while autogas and diesel saw minor adjustments.

Current Fuel Averages

As of July 17th, average retail fuel prices stand at: unleaded 95 gasoline at 5.92 PLN/l, unleaded 98 gasoline at 6.69 PLN/l, diesel at 6.10 PLN/l, and autogas at 2.74 PLN/l. These figures reflect stability in the wholesale market, with only diesel experiencing a marginal price dip.

Outlook for the Coming Week

Consumers can anticipate a modest increase in diesel prices, projected at around 3 groszy per liter. Gasoline and autogas prices are expected to remain largely unchanged.

  • Gasoline PB95: 5.92 PLN/l
  • PB98: 6.68 PLN/l
  • Diesel: 6.13 PLN/l
  • Autogas: 2.75 PLN/l

Global oil markets are closely watching developments, with September oil contracts trading around $70 per barrel.

Geopolitical Forces Impacting Energy Markets

The European Union recently enacted its 18th sanctions package against Russia, targeting its oil and energy sectors. A key measure includes a price cap on Russian oil, set 15% below its average market value.

Meanwhile, the United States administration’s response to potential further sanctions is eagerly awaited. This follows earlier statements from President Donald Trump regarding sanctions on buyers of Russian exports if a peace accord isn’t reached swiftly.

US Oil Reserves and OPEC+ Forecasts

Latest data from the EIA indicates a decrease in US oil reserves by 3.9 million barrels, bringing the total to 422.2 million barrels. Stocks of gasoline and refined products saw increases.

OPEC+ has maintained its global oil consumption growth forecasts for the current and next year. The organization anticipates world oil demand to rise to 105.13 million barrels per day this year and 106.42 million barrels per day by 2026. In June, OPEC+ production averaged 41.56 million barrels per day.

This week, the average price of gasoline in the United States rose to $3.73 per gallon, the highest since August 2023, according to AAA data (AAA).

0 comments
0 FacebookTwitterPinterestEmail
Business

Circle K Latvia to Acquire 26 Astarte-Nafta Gas Stations in Strategic Expansion

by Chief editor of world-today-news.com
written by Chief editor of world-today-news.com

Circle K Latvia and โ€‹Astarte-Nafta Merger: A Strategic Move in Latviaโ€™s Fuelโ€‹ Retail Sector

Theโข Latvian fuel retail sector is โ€witnessing a significantโ€ development as Circle K Latvia and Astarte-Nafta have โขsubmitted a joint report toโข theโ€‹ Competition Council (CP) regarding the sale of 26 astarte-Nafta gas stations to Circle K Latvia. โคThisโข transaction,โ€Œ pending โคapproval from the Competition Council, could reshape the competitive landscape of the industry.โ€Œ

If approved, Circleโ€Œ K Latvia plans to โฃcontinue fuel retail operations at the acquired stations, further solidifying its presence in the market. This move comes after โฃthe Competition Council previously allowed Circle K Latvia to purchase anโ€ Astarte-Nafta gas station on โ€‹ Krasta Street, Riga, inโ€‹ September 2023. The โฃcouncil concluded that the merger would notโ€‹ significantly alter market โ€structure or reduce competition, norโ€ would it create orโ€Œ strengthenโค aโค dominant position inโ€‹ any Latvian market.โ€‹ โฃ

Ojฤrs Karฤevskis, Chairman โฃof theโ€‹ Board of Astarte-Nafta, highlighted the intense โ€‹competition in Latviaโ€™s fuel retail โคsector. He noted that regional reforms haveโฃ shifted focus โ€‹from rural areas toโ€ cities, particularly larger ones.โ€œThere is a need for โขpermanent investment and innovation to drive growth,โ€ Karฤevskis emphasized, underscoring the challenges and opportunities in the industry.

The financial performance of both companies provides context for this transaction.โข Astarte-Nafta โข reported aโ€Œ turnover of EURโ€Œ 65.131 million in 2023, a 10.2% decrease from the previous โ€year, alongside a loss of EUR 401,504.โ€ In contrast, Circle K Latvia saw a turnover of EUR 575.97 million in the financialโ€ year ending April 30, 2024,โฃ a 7.2% decline year-on-year, but its profit โ€‹surged by 71% to EUR โ€Œ13.392 million.โค

| Key Metrics โค โฃ | Astarte-Nafta | Circle K Latvia | โฃ
|————————–|————————-|————————-|
| Turnover (2023) โ€Œ | EUR 65.131 million | EUR 575.97 โ€‹million |
| Profit/Loss (2023) | Loss ofโค EUR 401,504โค | Profit of EUR 13.392M โข|โ€‹
| Year Established โ€‹ | 1995 โฃ โ€Œ โฃ | 1992 โ€ โค |
| Share Capital โ€Œ โข | EUR 31,240 โ€Œ โ€ โ€‹ | EUR 27.564 millionโ€Œ โค |

Astarte-Nafta,registered in 1995,is ownedโฃ by Jฤnis Anspoks (92.73%) and Lฤซgita Dzene (7.27%). Simultaneously occurring,circle K Latvia,established โ€in 1992,is owned โ€‹by Norway-based Circle K.

This โฃmerger reflectsโข the evolving dynamics โคof Latviaโ€™s fuel โ€‹retail sector, โ€Œdriven by competition,โค regional reforms, and the need for โ€Œinnovation. As the Competition Council โขdeliberates, stakeholdersโ€‹ await a decision that could mark a new chapter โ€‹for both companies.for โขmore insights into the Latvian fuel retail market, explore the latest updatesโข on โ€Œ Circle K Latvia and Astarte-Nafta.

0 comments
0 FacebookTwitterPinterestEmail
World

Oil Falls, China’s Economic Stimulus Disappoints

by Chief editor of world-today-news.com
written by Chief editor of world-today-news.com

London: Oil prices fell on Monday, investors not seeing the economic measures announced on Saturday by Beijing having a real influence on the demand for Chinese crude, in the grip of an economic slowdown. Around 9:30 a.m. GMT (11:30 a.m. CET), the price of barrel of Brent BRENT Brent, or North Sea crude, is a variation of crude oil serving as a benchmark in Europe, listed on the InterContinentalExchange (ICE), a stock exchange specializing in energy trading. It became the first international standard for setting oil prices. from the North Sea, for delivery in December, lost 2.02%% to 77.44 dollars.

Its American equivalent, the barrel of West Texas Intermediate (WTI WTI West Texas Intermediate (WTI), also called Texas Light Sweet, is a variation of crude oil that serves as a standard in setting the price of crude and as a raw material for oil futures contracts with the Nymex (New York Mercantile Exchange). ), the stock exchange specializing in energy.), for delivery in November, fell 2.14%, to $73.94.

๐Ÿ‡จ๐Ÿ‡ณ “The prudence of the measures taken by the Chinese government to revive the economy“have not convinced the markets of an increase in Chinese oil demand in the medium and long term, explains Ipek Ozkardeskaya, analyst at Swissquote.

China, the leading importer of black goldannounced on Saturday a massive recourse to public debt, with special bonds, to support its flagging economy, targeting the market and the banks.

“Over the next three months, a total of 2.3 trillion yuan (296.84 billion euros) of special bonds can be used“, said Finance Minister Lan Fo’an.

However, “the absence of a clear timetable and measures to address weak consumption and dependence on infrastructure investments” have only increased market skepticism, according to Mukesh Sahdev, an analyst at Rystad Energy.

The price of oil is also structurally contained by forecasts of abundant production in 2025.

Investors still remainvery attentive” to the conflict in the Middle East, estimates Tamas Varga, analyst at PVM.

๐Ÿ‡บ๐Ÿ‡ธ The United States announced Friday a series of sanctions targeting the Iranian petrochemical industry in response to the October 1 attack on Israel.

๐Ÿ‡ฎ๐Ÿ‡ฑ But the markets are above all monitoring Israel’s response to this attack and fear a response on Iran’s oil infrastructure which would push up crude prices in the short term.

(c) AFP

Comment Oil falls, China’s economic stimulus disappoints

Community barrel price

0 comments
0 FacebookTwitterPinterestEmail
Business

Down! These are Pertamina, Shell, BP and Vivo fuel prices

by Chief editor of world-today-news.com
written by Chief editor of world-today-news.com


Jakarta –

From October 2024, the price of fuel oil (BBM) at several gas stations, both Pertamina gas stations and private gas stations, has decreased. Pertamina, Shell, BP and Vivo are strict in reducing fuel prices from 1 October 2024.

The price of Pertamax, especially on the islands of Java, Bali and Nusa Tenggara, has dropped to 12,100 per liter. The price of Pertamax has decreased by IDR 850 from the previous IDR 12,950 per liter.

Then, Pertamax Green dropped from IDR 13,650 to IDR 12,700 per liter, Pertamax Turbo dropped from IDR 14,475 to IDR 13,250 per liter. In addition, Dexlite from IDR 14,050 to IDR 12,700 per liter, and Pertamina Dex from IDR 14,550 to IDR 13,150 per liter.

SEVENTEEN

CHECK TO CONTINUE WITH INDEX

Shell also announced a reduction in fuel prices. Now, Shell Super is selling for IDR 12,290 per liter, down from IDR 13,450 last month. Then Shell V-Power is now selling for IDR 13,070, down from IDR 14,280. Then Shell V-Power Nitro + now costs IDR 13,260, down from IDR 14,480.

In addition, there was a reduction in prices of Shell V-Power Diesel diesel fuel. Now, Shell V-Power Diesel is sold for IDR 13,250 per liter. Previously, Shell V-Power Diesel was priced at IDR 14,660. Especially for the East Java region, Shell sells Shell Diesel Extra at a price of IDR 12,840 per liter.

Not only that, BP or British Petroleum also lowered their fuel prices. BP 92, which was previously sold for Rp 13,450, has decreased to 12,290 per liter. Then MP Ultimate from IDR 14,280 is now IDR 13,070. Then BP Ultimate Diesel is now selling for IDR 13,250 from IDR 14,660.

Vivo gas stations have also reduced their fuel prices. Vivo Revvo 90 is now sold at IDR 11,995 per liter. Then Revvo 92 is now priced at IDR 12,190 per liter, and Revvo 95 is at IDR 12,950 per liter.

The following is a list of fuel prices at Pertamina, Shell, BP and Vivo gas stations.

Pertamina fuel without subsidy

  • For a cost of 12,100 IDR
  • Pertamax Turbo Rp
  • Pertamax Green 95: Rp
  • Dexlite 12,700
  • Price is 13,150 IDR

Shell

  • Shell Super: Rp 12.290
  • Shell V-Power: Rp 13.070
  • Shell V-Power Nitro+: Rp 13.260
  • Diesel Shell V-Power: Rp 13.250
  • Shell Diesel Extra (East Java): Rp.

BP

  • BP 92: Rp
  • MP Ultimate: Rp 13.070
  • Final Diesel BP: 13.250.

oral

  • Revvo 90 Rp
  • Revvo 92 Rp
  • Revvo 95 Rp

(rgr/your)

2024-10-01 06:04:36
#Pertamina #Shell #Vivo #fuel #prices

0 comments
0 FacebookTwitterPinterestEmail
Newer Posts
Older Posts
@2025 - All Right Reserved.

Hosted by Byohosting – Most Recommended Web Hosting – for complains, abuse, advertising contact: contact@world-today-news.com