Change In Demand For Fuel Reduces Gap Between Petrol & Diesel

Sunday, 8. March 2009

Fuel prices seem to have settled for a while but concerns have been raised about the differential between petrol and diesel. In November 2007 the difference was 2.6 pence per litre. When the cost of a barrel of oil increased to $147 in July 2008 the price differential increased to 14 pence per litre. Whilst oil prices have dropped back to less than $50 per barrel the differential between the two fuels is still at 3 times the Read more »