Petrol news today
Here are some recent petrol news updates:
Global Petrol Prices
- The global average petrol price has risen to $84.43 per barrel, according to the International Energy Agency (IEA).
- The price increase is attributed to supply disruptions, strong demand, and the ongoing conflict in Ukraine.
India
- Petrol prices in India have been hiked by ₹3.36 per liter, while diesel prices have been increased by ₹2.96 per liter.
- The price hike is due to the rising global crude oil prices and the depreciation of the Indian rupee.
United States
- The US average petrol price has risen to $2.75 per gallon, according to the American Automobile Association (AAA).
- The price increase is attributed to the ongoing supply chain disruptions and the strong demand for petrol.
Europe
- The European Union has proposed a plan to reduce its reliance on Russian oil and gas by 2030.
- The plan includes increasing the use of renewable energy, improving energy efficiency, and diversifying energy sources.
Middle East
- Saudi Arabia has announced plans to increase its oil production capacity to 13 million barrels per day by 2027.
- The increase is expected to help meet growing global demand for oil.
Electric Vehicles
- The global electric vehicle (EV) market is expected to reach 140 million units by 2030, according to a report by BloombergNEF.
- The report also predicts that EVs will account for 30% of global new car sales by 2030.
Other News
- The International Maritime Organization (IMO) has set a goal to reduce greenhouse gas emissions from international shipping by at least 50% by 2050.
- The IMO has also announced plans to implement a global carbon pricing mechanism for the shipping industry.
These are just a few of the recent petrol news updates. If you're looking for more information, feel free to ask!