Green Car Congress

JULY 21, 2022

Less petroleum demand and the associated lower petroleum product prices encouraged refinery closures, reducing global refining capacity, particularly in the United States, Europe, and Japan. The refinery’s return is likely to decrease petroleum product prices and increase supply, particularly in south and southeast Asian markets.

Global 448

Global China Kuwait Oman 448

Green Car Congress

AUGUST 3, 2022

The new refinery projects would increase production of refined products, such as gasoline and diesel, and in turn, they might reduce the current high prices for these products. Net global capacity declined in 2021 for the first time in 30 years, according to the IEA.

Asia 418

Asia Saudi Arabia Kuwait Oman 418

Green Car Congress

MAY 4, 2016

In recent years, all six Gulf monarchies—Saudi Arabia, the United Arab Emirates (UAE), Kuwait, Oman, Qatar and Bahrain—have begun to challenge the notion that citizens are entitled to cheap energy. Policymakers hope higher energy prices can produce a number of helpful effects, the authors said.

United Arab Emirates 150

United Arab Emirates Oil Saudi Arabia Bahrain 150

The Truth About Cars

FEBRUARY 12, 2024

If we're talking about realistic Metro competitors here, the base 1992 Ford Festiva actually managed to undercut the price tag on the cheapest possible Metro two-door hatchback that year: $6,911 versus $6,999. The good news is that it has electronic fuel injection and an overhead camshaft. liters of gasoline on the Canadian highway.

Suzuki 105

Suzuki California Chevrolet Kuwait 105