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Fuel Surcharge Looms as Petrol Prices Rise in Hong Kong

3/9/2026

45 5 Full Breakdown

Summary

Story summary

Ringo Lee Yiu-pui of the Hong Kong, China Automobile Association says transport sector is considering a temporary fuel surcharge due to Middle East tensions.
He notes local petrol prices have risen despite older inventories.
Lee warns prices could rise as new orders are placed midweek.
He says global oil prices may ease, but local prices will fall slowly as Hong Kong oil companies raise prices quickly and lower them slowly.

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Story summary

Ringo Lee Yiu-pui of the Hong Kong, China Automobile Association says transport sector is considering a temporary fuel surcharge due to Middle East tensions.
He notes local petrol prices have risen despite older inventories.
Lee warns prices could rise as new orders are placed midweek.
He says global oil prices may ease, but local prices will fall slowly as Hong Kong oil companies raise prices quickly and lower them slowly.