Why is fuel expensive when crude oil hasn't hit record highs?
5 Articles
5 Articles
Why is fuel expensive when crude oil hasn't hit record highs?
Pump prices could remain high in Europe, adding to inflationary pressure. The immediate problem is not just the supply or price of crude oil, but limited refining capacity, disrupted trade flows and shortages of finished fuels, particularly diesel.
Even when international oil prices decline, fuel prices (gasoline and diesel) remain high in Europe.
In Europe petrol and diesel remain very expensive even if crude oil is far from the peaks of the energy crisis. The reason is that the... The article Petrol and diesel remain very expensive: because oil is not enough to bring down prices comes from Bigodino.
Crude oil is not at the record levels reached in the most acute phases of the energy crisis, but for European motorists the pump account continues to be very heavy. The reason is that the price of petrol and diesel now depends less and less only on the value of the barrel and more and more on what happens... Read More ...Benzine and diesel remain very expensive even with oil away from the maximums: that's why the article Petrol and diesel remain…
Why are petrol and diesel so expensive despite crude oil not reaching record highs?
The prospect of peace between Iran and the US has sent oil prices sharply higher and lower in recent months. Brent crude, the international benchmark, has traded between about $73 and $126 a barrel since the end of February and was around $95 on Friday. European fuel prices have followed these…
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