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EU High Representative for Foreign Affairs and Security Policy Karas: Excluding nuclear experts from negotiations with Iran could result in a weaker agreement than the Joint Comprehensive Plan of Action (JCPOA).The main Shanghai silver futures contract fell 4.00% intraday, currently trading at 18,500.00 yuan/kg.Spanish Prime Minister Sánchez: The situation in the Middle East shows the need to respect international law.On April 24th, He Xiaopeng, Chairman of XPeng Group (09868.HK), revealed that the company is in talks with overseas automakers regarding potential collaborations, hoping to commercialize its driver assistance technology globally and expand its production scale outside of China. He Xiaopeng stated that the companys advanced driving system has attracted the attention of domestic automakers, parts suppliers, and European companies. Furthermore, XPeng Motors stated that overseas demand for its vehicles has exceeded expectations, particularly in France and Germany, where sales have surpassed local production capacity. The company plans to expand its overseas production scale starting in 2026, including upgrading existing factories and building new ones, with Europe, Southeast Asia, and Latin America all under consideration.On April 24th, Futures News reported that, according to foreign media, researchers at the Maua Technical Institute in Brazil will begin testing the feasibility of adding 20% biodiesel (B20) to diesel fuel in May. The first test engine is scheduled to be installed next month, and fuel is expected to arrive in the last week of May. 1. Background and Motivation: Due to the global energy disruption caused by external geopolitical situations since February, there have been calls within Brazil to increase the legal blending ratio to reduce dependence on fossil fuels and imported energy. Currently, the legal blending ratio in Brazil is 15% biodiesel in diesel and 30% ethanol in gasoline. 2. Testing Details: The first phase will involve 300 hours of engine testing on B15 and B20 to evaluate filter clogging, injection system behavior, and injector conditions. The second phase will analyze pollutant emissions under B7 and B25 blending ratios. 3. Industry Impact: The Brazilian Vegetable Oil Industry Association (Abiove) stated that this extensive testing will open the door to blending ratios higher than B15, even reaching B20, which has a very promising future for the industry.

Fuel Price Map: Does Your Petrol Cost More?

Haiden Holmes

Apr 01, 2022 10:25

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The growing cost of fuel at the petrol station forecourt has been one of the most noticeable price rises. Even with chancellor Rishi Sunak's 5p per liter reduction in fuel tax, motorists are spending far more to fill up than they were only a few months ago.


  • Inflation reaches a 30-year high and may continue to grow further.

  • Stock markets that behaved as if the Ukraine war had never occurred.


Increased demand as a result of the epidemic has already resulted in a rise in petrol prices. Now, it is the war in Ukraine and sanctions against Russia that have pushed petrol prices to a record high, threatening the West's supply of fuel.


With this in mind, we asked colleagues at Interactive Investor to locate the cheapest and most costly petrol station forecourts in their neighborhood for the weekend of 26-27 March 2022.


We've previously conducted our own investigation into the cost-of-living problem, lately noticing a huge increase in the price of pasta and other common household products at local supermarkets. Now, we've taken the road to ascertain the prices motorists pay for unleaded and diesel at forecourts throughout the United Kingdom.


While it is a quick survey of hand-selected stations, it covers the whole length and width of the United Kingdom and reveals some enormous regional discrepancies.


Our results are shown in the interactive Gas Fuel Price Map of the United Kingdom below.


Congratulations if you reside in Cardiff. According to our study, it is the cheapest spot to get fuel, with a gallon of unleaded costing 156.7p. It's 169.9p, an 8.4 percent increase, three and a half hours up the highway in Stockport. Is it prohibitively expensive? If you go 50 miles to Leeds, you can purchase it for 156.9p.


With an average fuel tank capacity of 55 liters, filling up in Stockport costs £7.26 more than in Cardiff. If you drive a diesel vehicle, the fee is much higher - £8.25. At 169.9p, Leeds is the cheapest destination for diesel drivers. In Manchester, a liter costs 184.9p, an increase of 8.8 percent.


While diesel is much more costly than unleaded, the difference in price between the cheapest unleaded and the most expensive diesel is 28p, or 18%, a terrific price for going electric!