Fuel

Food, Fuel Price Shocks From Ukraine War To Last At Least Three Years: World Bank

Global food and fuel price shocks linked to the Russia-Ukraine war are set to last until at least the end of 2024 and raise the risk of of stagflation, the...

MOL Group Sees EBITDA In Consumer Services Division Up By A Fifth

Fuel retailer MOL Group has said that its Consumer Services division, which includes its Fresh Corner forecourt retail business, reported a 19% increase in...

Convenience Store Count In The US Declines By 1.5%

The number of convenience stores in the US saw a 1.5% decline, to 148,026 by the end of December, from 150,274 in the previous year, according to data from...

Couche-Tard Acquires 17 Convenience Stores From Slidell Oil

Couche-Tard has announced an agreement with Slidell Oil Company to acquire a number of convenience stores and wholesale fuels accounts in the United States...

Italy's Eni Sees Third-Quarter Profit Return To Pre-COVID Levels

Italian fuel business Eni has said that its third-quarter profit has jumped back to pre-COVID levels boosted by higher prices. The group reported an adj...

UK Retail Sales Decline Despite Panic Buying Of Fuel

British retail sales unexpectedly fell for a fifth month in a row last month, despite a rush of motorists filling their cars with fuel, adding to signs tha...

Grocery Sales Fall In UK, With Shoppers Making Fewer Trips Due To Fuel Concerns

The recent fuel supply crisis at British forecourts led to shoppers making fewer trips to the supermarket last month, Kantar has said, with take-home groce...

UK Government Says Fuel Crisis Under Control, Rejects Brexit Link To Crisis

The British government has said that a fuel crisis caused by an acute shortage of truck drivers was back under control, but many pumps remained closed in L...