Coalition: Houthis launch over 1,100 rockets and drones at Saudi Arabia
The article discusses the impact of rising gasoline prices on the market and fuel consumption, noting that gasoline prices increased by between 1104 and 1135 units. This led to weakened demand for fuel and a decline in sales of up to 15% until April 2026. The report explains that the price hikes resulted in a reduction of 182 million liters in gasoline consumption and significantly affected the profits of oil companies, which saw a profit drop of up to 20% in the last quarter. Additionally, the report shows that higher gasoline prices have led to decreased vehicle usage, as more efficient alternatives for fuel consumption become available, contributing to lower emissions and environmental benefits. Finally, the forecasts suggest that continued price increases will lead to further reductions in demand, with gasoline consumption expected to decrease to a range of 1104-1135 units by 2026.
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