Global gasoline prices rise 19% as costs diverge between producers and consumers
Global average gasoline prices reached $1.59 per liter as of October 5, according to data from GlobalPetrolPrices. com. This represents a 19.38% increase over the past year, a figure that masks a widening divergence between the cost of fuel in consuming nations versus producing nations. Regional pricing reflects a clash between market dynamics and national energy strategies. In the United States,…
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