In 2025, crude oil fell over 20 percent to post its deepest annual loss since 2020 on surplus concerns.

A punishing supply is expected to weigh on prices this year as well.

However, fuel prices at indian pumps have remained elevated since the government cut petrol and diesel prices in march 2024.

In this next report, we dive into why fuel prices haven't come down in the country despite a significant fall in international crude.

Indians See No Change in Fuel Prices Despite Crude Plunge 

Below is a factual breakdown of how fuel level impacts efficiency, engine load, and long-term components.

‘Full tank vs half tank of petrol’: Which fuel level gives better mileage?

Fuel and water are basic needs for everyone. But did you know in some countries, fuel is actually cheaper than water? This happens mainly in places where oil is plentiful or when governments keep fuel prices low through subsidies. Let’s explore 6 such countries.

Top 6 countries where fuel is cheaper than water

Analysts say fuel prices in India may not spike after the festive season if global crude stays low. Retail prices should remain steady unless there’s a supply shock or major policy change. Know more below.

Will fuel prices spike post-festive season? What analysts say

In a rare development, all three key inflation indicators—the annual inflation rate, core inflation rate, and average inflation rate—have fallen to single digits, signaling a significant easing of inflationary pressures. In August 2024, Pakistan’s inflation dropped to 9.6% for the first time in 34 months. This downward trend continued into September, with the rate further decreasing to 6.9%.

Pakistan's Inflation Drops To An All-Time Low As Government Cuts Fuel Prices

Nigeria, Africa's largest oil producer, has long struggled with fuel shortages. To address this, billionaire Aliko Dangote embarked on an ambitious project: the construction of Africa's largest refinery. After years of delays, the Dangote refinery finally began producing petrol in 2024.

Nigeria: Can Dangote refinery end Nigeria's reliance on fuel imports?

Indian fuel prices set for potential Rs 5-10 drop next month: Report

India slashes windfall tax on petroleum crude, ATF, and diesel 

Cash-strapped Pakistan raises petrol prices to record high of over Rs 330 per litre

Nigeria has sworn in a new president, Bola Tinubu, but the leader has a myriad of challenges ahead of him as fuel prices nearly triple in the country.

Nigeria welcomes new president | World of Africa

Fuel prices in Pakistan have sky rocketed, the spike in petrol and diesel prices came hours after a mini budget was presented in the Parliament in Pakistan. Petrol hit Rs 272/litre as the prices soar of petrol soar by Rs 22.20.

Pakistan: IMF loan may not be enough to solve crisis

Cops arrest 44 people in Jordan over protests against skyrocketing fuel prices

Lower fuel prices caused an unexpected fall in British consumer price inflation in August, offering some relief to households and the Bank of England after the CPI rate hit a 40-year high.

World Business Watch: UK inflation falls unexpectedly as fuel prices decline

The UK's inflation rate has eased slightly because of lower fuel prices in August. Prices for vehicle fuels dropped by 6.8%. However, prices generally are still continuing to rise at their nearly fastest rate in four decades.

UK consumer price inflation slows to 9.9% as fuel prices decline

Bangladesh has hiked fuel prices by 51%. This is the biggest hike in the country's history. Demonstrations have begun in Dhaka, the protesters are angry at the ongoing economic turmoil. Is Bangladesh heading toward a Sri Lanka-like crisis? Palki Sharma reports.

Gravitas: Is Bangladesh heading toward a Sri Lanka-like crisis?

Germany’s Interior Minister Nancy Feser, warned of possible radical protests in the country amid soaring energy prices in the country.

Germany's Interior Minister warns of unrest over fuel prices

Pakistan government announced a decrease in fuel prices to pass on a decline in global prices to inflation-hit consumers. The decision comes after the rates were previously hiked four times in recent months.

WION Dispatch: Pakistan government cuts fuel prices after 4 consecutive hikes

People in Pakistan gave a bit of a sigh of relief as the country's PM Shehbaz Sharif has slashed petrol and diesel prices. In his address the Pakistani PM announced that the petrol was being cut by more than 18 Pakistani rupees while price of diesel has now gone down by about 40.54 Pakistani rupees.

Fuel prices drop in Pakistan; PM Shehbaz Sharif blames Imran Khan govt for economic woes

While UK Prime Minister Boris Johnson fights to remain in office there are several issues requiring urgent attention. From soaring cost of living prices to protest over rising cost of fuel, there are several things that the British public are unhappy about.

A look at the most pressing issues plaguing UK

Sri Lanka is battling its worst economic crisis since independence. The crisis hit island nation hiked its petrol prices again. This is the third price revision in two months and will come to effect from today.

Sri Lanka hikes fuel prices, third price revision in two months

Sri Lankan singer, songwriter, and music producer Yohani speaks to WION on Sri Lanka's current situation. Listen to this conversation to know more about the Sri Lanka crisis.

Sri Lankan singer and songwriter Yohani speaks to WION on Sri Lanka crisis

Political instability continues to haunt Mahinda Rajapaksa's government in Sri Lanka as thousands hit the streets demanding the prime minister's resignation. The Sri Lankan government has defended imposition of emergency amid flak from the opposition.

Sri Lankan crisis: Government defends imposition of emergency amid flak from opposition

Cascading effect of Sri Lanka's ongoing economic crisis has led to deepening political instability. Protests continue in the Island nation for weeks now with people coming to the streets to demand resignation of the Rajapaksa regime. PM Mahinda Rajapaksa was heckled by the protesters today during Anuradhapura Visit.

Political turmoil in Sri Lanka: PM Mahinda heckled during Anuradhapura Visit

Protests continue in Sri Lanka for weeks now with people coming to the streets to demand the resignation of the Rajapaksa regime. PM Mahinda Rajapaksa was heckled by the protesters today during Anuradhapura's Visit today. For more perspective on this, we're joined by Ambika Satkunanathan, former commissioner of the Human rights commission of Sri Lanka.

Sri Lanka crisis: PM Mahinda Rajapaksa to meet top Buddhist leaders?

fuel-prices

Fuel Prices, News on Fuel Prices, stories on Fuel Prices, articles on Fuel Prices, Fuel Prices stories at Wion, Fuel Prices news, Fuel Prices latest news