COGNICURRENT

Fuel prices are surging due to a serious geopolitical crisis following US attacks on Iran, with Brent crude reaching over $71-72 per barrel.

Petrobras announced a 9.4% increase in the average selling price of aviation kerosene to distributors, effective this Sunday, due to rising international oil prices.

Chery has launched the Arrizo 8 sedan in Argentina, boasting a range of 1200 km on a single tank of fuel, aiming to compete in the local market.

MTU Aero Engines faces investor disappointment as its cautious outlook for 2026 leads to a significant drop in stock value.

Estonia's Energy and Environment Minister Andres Sutt announced that the country will not compensate fossil fuel power plants for carbon quota expenses, diverging from Italy's approach.

Fuel prices in Czechia have decreased in the last week, signaling a possible relief for consumers amidst fluctuating market conditions.

Brisbane's petrol prices have recently decreased due to a strong Australian dollar and lower prices in Singapore, but increases are expected soon.

The article discusses the differences in fuel prices between Lithuania and Poland, highlighting the current trends in the market and the impact on consumers.

Chinese investors, driven by global instability, are significantly contributing to the rising prices of gold and silver by purchasing large quantities of these metals as a safeguard against economic uncertainty.

The challenges of rising electricity and fuel bills during a cold winter highlight a deficiency in electricity supply in Estonia and neighboring countries, according to journalist Vambola Paavo.

Electric vehicle sales in China have surpassed traditional fuel car sales for the first time, signifying a major shift towards clean energy.

The article discusses how fuel prices tend to rise during high demand periods such as weekends, and the impact of market dynamics on gasoline costs in Europe.

Toyota has introduced a hybrid powertrain in the Aygo X, making it the smallest true hybrid in the A segment of city cars.

The price of granules in the biogas market surged by 30% in a week, prompting retailers to raise prices accordingly.

January saw year-on-year inflation slow to 1.6% from December's 2.1%, primarily due to the government's transfer of renewable energy payments from consumers to the state, coupled with market trends in energy and fuel prices.

The article explores how developments in Venezuela and Iran could affect energy costs for Greek consumers, potentially leading to decreased fuel prices and significant changes in the energy market.

Spanish company Moeve and Portuguese company Galp plan to merge their businesses in the Iberian Peninsula, a move that could challenge Repsol in the energy market.

The article discusses how the US actions in Venezuela have affected market reactions, global oil prices, and the challenges facing the Venezuelan oil industry, including their production forecast.

Expert Jakub Bogucki discusses how political shifts in Venezuela could lead to an increase in global oil oversupply, potentially lowering prices and worsening Russia's oil sales issues.

The latest report on liquid petroleum fuels in Croatia reveals the quantities of various fuel types introduced to the market in 2023 and highlights potential for optimization.