Is it true that the price of crude oil is worked out in a 6 month advance?
Sunday, July 13th, 2008
greenjelly asked:
If the oil price is projected so far ahead why does the national petrol/diesel price rise so often in small increments. Could the fuel authorities not work thier increases out on a more once off basis by looking at the forecasted oil price figures.
Jonathan
If the oil price is projected so far ahead why does the national petrol/diesel price rise so often in small increments. Could the fuel authorities not work thier increases out on a more once off basis by looking at the forecasted oil price figures.
Jonathan
