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

Latest News About Russia faces fuel shortages while synthetic gas technology develops

Russia now relies on imported gasoline after official confirmation from the Russian government. Widespread petrol deficits have affected multiple regions, including Crimea and Central Asia. Local petrol pumps are out of fuel, leading to fighting at petrol stations. Authorities are detaining people who protest against the severe fuel supply issues.

European gasoline prices are climbing higher. S&P Global reported that supply constraints and robust margins caused the steep rises. Meanwhile, MotorTrend reported on a novel method for cars that aims to deliver synthetic gas for under $5, aiming to provide a eco-friendly fuel alternative.

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