Petrol prices are predicted to reach an average of 136p a litre by Easter. One transport group tells Channel 4 News that rising prices at the pumps risk slowing down the economy at difficult time.
Link to the article: Channel 4 News
Showing posts with label petrol prices. Show all posts
Showing posts with label petrol prices. Show all posts
Thursday, 13 January 2011
Thursday, 28 May 2009
Oil output curbs push up petrol prices
Link to the article: Channel 4 News
By Carl Dinnen
Pump prices are up, but Opec, meeting in Vienna, is unlikely to boost current output levels. Carl Dinnen talks to Paul Watters of the AA.
Since September petroleum exporters have reduced output by more than 4 million barrels a day, which has helped drive up prices.
In the UK the cost of a litre of petrol has nearly reached one pound. That means it has shot up by two and a half pence in just over a month.
By Carl Dinnen
Pump prices are up, but Opec, meeting in Vienna, is unlikely to boost current output levels. Carl Dinnen talks to Paul Watters of the AA.
Since September petroleum exporters have reduced output by more than 4 million barrels a day, which has helped drive up prices.
In the UK the cost of a litre of petrol has nearly reached one pound. That means it has shot up by two and a half pence in just over a month.
Labels:
economics,
Oil output,
petrol prices,
supply and demand
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