Significant Drop in Oil and Petrol Prices, ‘Can Count on Even Lower Prices’

BNR Nieuwsradio

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Since the end of October, the oil price has fallen from 118 dollars to 91 dollars per barrel. Just last week, the oil market experienced its largest weekly price drop since the coronavirus pandemic. As a result, the price of petrol also appears to be falling steadily, with the recommended price for a liter of petrol at its lowest level since March, according to news agency ANP. Energy expert Ronald de Zoete points primarily to optimism regarding…

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EINDHOVEN (ANP) - The recommended price for a liter of petrol is falling towards its lowest level since March. This is because oil prices have dropped significantly this month, partly due to hopes for a diplomatic solution to the war in the Middle East. The recommended price for a liter of Euro95 was Tuesday 2...

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Good news for drivers: the suggested retail price for a liter of gasoline is falling to the lowest level since March. The drop at the pump is a direct result of plummeting oil prices as hopes for a quick diplomatic solution to the U.S.-Iran war grow.