NewsBot
08-Jul-22, 22:42
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:
Review Finds Cause For Concern In Some Parts Of Road Fuel Market
https://caithness-business.co.uk/image_cache/na17229_tn.jpg
A review of competition in the road fuel market has found cause for concern in the growing gap between the price of crude oil when it enters refineries, and the wholesale price when it leaves refineries as petrol or diesel. Increase in ‘refining spread' added 24p a litre to fuel over the last year In-depth CMA market study to start immediately 5p fuel duty cut appears to have been reflected in prices The urgent review, requested by Business Secretary Kwasi Kwarteng last month and sent to the UK government yesterday (7 July), has today been published in full. [Read Full Article (https://caithness-business.co.uk/article/17229)]
Review Finds Cause For Concern In Some Parts Of Road Fuel Market
https://caithness-business.co.uk/image_cache/na17229_tn.jpg
A review of competition in the road fuel market has found cause for concern in the growing gap between the price of crude oil when it enters refineries, and the wholesale price when it leaves refineries as petrol or diesel. Increase in ‘refining spread' added 24p a litre to fuel over the last year In-depth CMA market study to start immediately 5p fuel duty cut appears to have been reflected in prices The urgent review, requested by Business Secretary Kwasi Kwarteng last month and sent to the UK government yesterday (7 July), has today been published in full. [Read Full Article (https://caithness-business.co.uk/article/17229)]