Indeed, the energy minister accused Enguerrand Rochefort of creating the fuel shortage. In a 3 June letter, he ordered Rochefort to pay a fine of 200m CFA francs (€300,000) within 48 hours.
Refining and distribution costs refer to the costs incurred by oil companies in refining crude oil into petrol and distributing it to petrol stations ... the Middle East, Africa, and Latin ...
Fuel stations in Lagos have raised petrol prices to ₦970 per litre due to a rise in the ex-depot price of PMS Dangote Refinery attributed the price hike to international market dynamics, impacting ...
Currently, petrol is retailing at Rs 94.77 a litre in Delhi . In Mumbai, Chennai and Kolkata petrol costs Rs 103.50 , Rs 100.80and Rs 105.01 respectively. India imports about 80% of its oil needs ...
The company explained that as crude oil remains the primary input in the production of petrol, any fluctuation ... AllAfrica is a voice of, by and about Africa - aggregating, producing and ...
If a station used a retail margin of 15% ... tank Extra cost for The first big factor affecting South Africa’s fuel prices is the oil price. According to Trading Economics, the average price ...