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German gas station at midnight displaying reduced petrol and diesel prices after the government's 17-cent-per-litre tax cut takes effect.
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Fuel tax cut on petrol and diesel takes effect

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The German government's fuel discount took effect at midnight. Taxes on petrol and diesel drop by about 17 cents per litre for two months. It remains unclear how quickly pump prices will reflect the cut.

Diesel and kerosene prices may decrease by more than P11 per liter today, the Department of Energy said, though some oil companies chose smaller cuts.

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Analysts expect fuel prices in South Africa to fall significantly due to declining global oil prices and a stronger rand. The Central Energy Fund forecasts petrol prices could drop by up to R2,94 per litre and diesel by as much as R4,97.

Nairobi police arrested 11 people during protests against fuel price hikes announced by EPRA on Tuesday, April 21. Demonstrations occurred in several areas including Embu and Kitengela, with some violence reported. Commander Issa Mohamud said the situation remains calm with businesses operating normally.

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Fuel prices in the Philippines will see another round of rollbacks on Tuesday, April 21, led by Shell Pilipinas with cuts deeper than initial estimates. The changes take effect at 6 a.m. as Middle East conflict pressures ease.

Oil firms confirmed price rollbacks effective 6 a.m. Tuesday, April 14, matching Department of Energy projections: diesel down P20.89 to P23 per liter, gasoline P4.43 to P4.50, and kerosene P8.50. The cuts end surges of over P100 on diesel since late February's Middle East crisis. President Marcos suspended excise taxes on LPG and kerosene, while a jeepney subsidy launches.

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Germany's federal government is struggling with a new package to address high fuel prices. The first set of measures had no effect, and petrol and diesel prices rose further. A new law could follow next week.

 

 

 

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