You will have noticed that #petrol prices are on the rise again... with some in the last week blaming profit-taking in the refinement/processing stage of the #supplychain;
But, its now also clear this has been compounded by market action(s) by #SaudiArabia & #Russia both who have reduced their available supplied of refillable #oil.
With the continued post-Covid 'revival' also putting pressure on oil stocks, we can expect petrol prices to feed into #inflation.... again, its NOT wage rises!!!!
Emeritus Prof Christopher May /
npub1hr…f2ktj
2023-09-15 06:10:17
Author Public Key
npub1hr0x0gm9ksmvuvqwkyzfjuczv9pln83axuftxfhnq2maday69ypqtf2ktjPublished at
2023-09-15 06:10:17Event JSON
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