The government in Bangladesh has just hiked fuel prices by a record 51.2 percent, triggering widespread protests at gas stations across the South Asian country. Protests erupted following the decision, with thousands of people thronging gas stations before the increase went into effect. The price of gasoline increased to 130…
The cost is air travel is going to continue increasing with flight prices expected to soar, the International Air Transport Association (IATA) chief has warned. IATA director-general Willie Walsh warns that flight prices will keep rising due to skyrocketing fuel prices. Walsh, who previously served as CEO of Aer Lingus…
As demand for diesel and heating oil continues to rise across the United States, supplies are diminishing. Refiners are struggling to replenish the domestic fuel supply this winter. The short supply of the fuels is now prompting fears that oil prices may remain elevated for months. On Feb. 4, heating…