Fuel prices rise again

in News · 13-04-2020 11:28:00 · 2 Comments

Fuel prices will go up this morning after weeks of successive drops.

Having dropped by up to between 10 and 16 percent since February, petrol prices are to rise by around half a cent a litre this Monday.


The increases come after OPEC and allies led by Russia agreed on Sunday to a record cut in output to prop up oil prices amid the coronavirus pandemic in an unprecedented deal with fellow oil nations, including the United States, that could curb global oil supply by 20%.



Comments:

One litre of 91 octane fuel in Sydney is about €0.55 cents per litre

https://www.maitlandmercury.com.au/story/6722889/fuel-prices-keep-dropping-and-nrma-says-the-trend-should-continue/

By Mr John from Algarve on 16-04-2020 01:23

Just shows how scrupulously extortionate these retail oil companies really are!

The oil price didn't even change much after those announcements and the oil they are selling now was dead cheap anyway... I hope it will fire back on them soon! Tbey deserve to be hit badly in the comng months.

By Thomas Wissmann from Lisbon on 14-04-2020 12:31
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