Fuel costs rise across several markets as supply and shipping pressures persist
publishers 78articles 87first reported 23 Sep, 13:27 UTCdeveloping since 1 Oct · 29 editions
Fuel prices are rising or remaining volatile in several countries as Middle East conflict, shipping disruption and tight supplies of refined petroleum products continue to affect markets.
In South Africa, 95-octane petrol in Gauteng will rise by R3.33 to a record R30.25 a litre on October 7, according to the Central Energy Fund. Other grades, diesel and illuminating paraffin will also increase. The Department of Mineral and Petroleum Resources attributed the increases to higher crude and petroleum-product prices, uncertainty over flows through the Strait of Hormuz, increased shipping costs and declining inventories.
UK diesel prices exceeded £2 a litre last week. The Confederation of Passenger Transport warned that operators could cut services, including school transport, without temporary government support. The Road Haulage Association said high fuel costs were placing businesses with narrow margins under severe pressure.
Price changes were mixed elsewhere. The Philippines’ Department of Energy said gasoline will increase by 1.93 pesos a litre and kerosene by 3.30 pesos from October 6, while diesel will fall by 1.30 pesos. It cited regional supply constraints, refinery conditions, shipping costs and expected reductions in Chinese exports. Pakistan raised petrol by 0.88 rupees a litre and reduced high-speed diesel by 1.88 rupees, setting prices at 393.64 and 397.76 rupees respectively.
In Ireland, opposition party Aontú proposed reducing carbon taxes when international petrol and diesel prices reach €1.90, as part of its pre-budget submission.
HOW THIS STORY WAS MADE
Written from 8 articles, 7 with the publisher's own text; 8 independent newsrooms once syndicated copies count as one; this version written 114 h after the record first saw the story; the editor kept it as written.
- Publishers
- 78
- Source articles
- 87
- Given to the writer
- 8, 7 with the article's own text
- Independent newsrooms
- 8
- This version written
- 114 h after the record first saw the story
- Second model (editor)
- kept as written
- Publication gate
- passed
- Human review
- none
WHAT THE EDITOR DID
The second model checked the writer's draft against the same sources and published it as written.
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