Indonesia raises fuel prices by more than 30%

The Indonesian government has increased fuel prices by more than 30% in an attempt to save the economy more than $8bn (£5bn) in 2015.

Egypt to raise fuel prices by up to 78 percent from midnight: source

(Reuters) - Egypt was set to raise mainstream fuel prices by up to 78 percent from midnight on Friday, an Oil Ministry source told Reuters, in a long-awaited step to cut energy subsidies to ease the burden on its swelling budget deficit.

Lifting oil export ban would spark U.S. economy: IHS

(Reuters) - If U.S. lawmakers reverse a 40-year ban on oil exports it would add more than $1 trillion to government revenues through 2030, trim fuel prices, and add an average of more than 300,000 jobs a year, according to a report by an energy research group.

Petrobras Gets Fuel Price Increases to Ease Import Losses

Petroleo Brasileiro SA (PETR4) is increasing fuel prices as the world’s most indebted oil producer seeks to eliminate the gap between local and global values to help bolster profit.

Indonesia MPs back budget package that would allow fuel price hikes

JAKARTA (Reuters) - Indonesian parliamentarians gave their backing to budget revisions that pave the way for long delayed cuts in fuel price subsidies, blamed for sapping the budget and undermining confidence in Southeast Asia's biggest economy.

OFT says UK petrol market is working well

Motoring organisations have expressed disappointment after a study found drivers are paying fair fuel prices.

UK scientists bid to mimic plant energy creation

Scientists are attempting to mimic the way plants harness energy from the sun in order to make a more efficient renewable fuel.