Fuel Prices Archives - Auto Global News – Global Car News & Reviews

The new year starts off with a financial burden for Brazilian drivers as the ICMS (Imposto Sobre Circulação de Mercadorias e Serviços) on gasoline, diesel, and GLP has increased since January 1st. This tax hike was approved by Comfaz last September.Key TakeawaysThe ICMS rate for gasoline will rise to R$ 1,57 per liter from R$ 1,47.Diesel prices increased by R$ 0.05 per liter, now costing R$ 1,17 per liter.These changes reflect the average monthly fuel costs from February to August of last year compared to the same period in 2024.The latest adjustment in ICMS rates is a direct reflection of rising global oil prices and increased domestic demand. This tax increase comes at a time when many Brazilian drivers are already feeling squeezed by high fuel costs, making this change particularly unwe...

After several weeks of climbing costs, diesel prices in the United States finally took a small breath this week. The national average price dropped by 3.7 cents to $3.83 per gallon as of November 24, offering some relief for trucking fleets that have been feeling the pinch.Key TakeawaysThe national average diesel price fell from $3.87 to $3.83 per gallon this week.Diesel prices remain higher than last year, at 2.9 cents more per gallon.Regional pricing varies widely, with the Gulf Coast being the cheapest and California the most expensive.This slight dip in diesel costs is welcome news for trucking fleets that have been grappling with rising expenses throughout 2025. However, it's important to remember that this reduction follows a period of increasing prices, which started the year at $3....

Tag: Fuel Prices

ICMS Hike Increases Gasoline and Diesel Prices in Brazil

Diesel Prices Take a Slight Dip, But Winter Uncertainty Looms