High Fuel Prices: Who Really Benefits
6 Articles
6 Articles
According to an analysis of the portal company monitor, petrol stations are not among the profiteers of the high fuel prices. Elsewhere, according to Bank Austria, the margins for this increase.
According to an analysis published on Tuesday by UniCredit Bank Austria, fuel prices have recently decoupled increasingly – while oil multiples take record margins with them ... According to the Bank's economists, the supply shortage has shifted from crude oil to refinery capacity. Tensions in global markets are due to production failures and capacity shortages at major locations in the Middle East and Russia, where war has affected operations.
Since the end of the fuel discount, the market for petrol and diesel has been out of balance. This is shown by a recent analysis of scientific data. The responsible researcher has been analysing the prices for decades – and is now surprised.
Bank Austria has analysed that fuel prices have detached themselves from the price of crude oil. The shortages of refineries keep prices high. In Tyrol, diesel and petrol still cost slightly more than in the Federal Republic of Germany.
VIENNA. Limited capacity at refineries keep prices high for diesel and petrol
According to an analysis published on Tuesday by UniCredit Bank Austria, fuel prices have increasingly decoupled from crude oil prices. The reason for the persistently high fuel prices is limited refinery capacity, which keeps energy-related inflationary pressures high. According to the Bank's economists, [...]
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