Mobility

Fuel for thought

Riding the oil roller coaster — how high will petrol prices soar this time? With crude oil prices potentially reaching historical highs due to unprecedented market shocks, analysts forecast demand destruction as a response to soaring costs and dwindling supplies. By Lindsey Schutters In normal times, cutting the global oil supply by 1% translates to a

4 May 2026 · By Alexis Knipe · 5 min read