Regional bottlenecks and strong product margins boost European gasoline prices - S&P Global

Latest News About Fuel shortages hit Russia while European gasoline prices surge

Russia now depends on imported gasoline after formal verification from the Russian government. Energy supply problems have extended to regions, including Crimea and Central Asia. Local petrol pumps are emptying quickly, leading to arguments at petrol stations. Authorities are taking away people who protest against the severe fuel supply issues.

European gasoline prices are rising. S&P Global reported that local distribution issues and robust margins caused the price increases. Meanwhile, MotorTrend reported on a fresh technology for cars that offers synthetic gas for under $5, aiming to provide a clean-burning fuel alternative.

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