‘Ghost oil’ stations earn ‘HK$10,000 a day’ in Hong Kong as petrol prices soar

Mar 21, 2026 | INVESTING

Operators of illicit fuel stations can earn as much as HK$10,000 (US$1,280) a day by smuggling untaxed petrol into Hong Kong using vehicles equipped with enlarged tanks and selling it to car club members via coded messages, the South China Morning Post has learned.
A source said there had been more cases involving illicit fuel or “ghost oil” in the city since late February, when petrol prices began to soar following US-Israel strikes on Iran.
The source said law enforcement raids usually…

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