Fuel prices refer to the cost of gasoline, diesel, and other types of fuel used for vehicles and machinery. These prices can fluctuate based on various factors, including crude oil prices, supply and demand, and geopolitical events. When crude oil prices rise, fuel prices typically increase as well, affecting consumers and businesses. Additionally, fuel prices can vary by location due to transportation costs, taxes, and local market conditions. For example, urban areas may have higher prices compared to rural regions. Understanding fuel prices is important for budgeting and planning travel, as they directly impact the cost of driving and transportation.