The cartel of price fixing is an open issue for anyone that wishes to confirm how the consumer prices are fixed, mostly on an upward scale.
The international crude price posted a fifth consecutive retreat, the lowest since 09-10-2009, crude oil for January delivery lost 1.7 percent to $72.68 a barrel in
The Portuguese population continues to pay the price as if the crude was quoted at $123 per barrel, this situation is approved by the government and so the petrol companies Galp, BP, Repsol and Cepsa continue to have record profits.
The demand forecast for petrol products is due to continue to fall as other economical issues emerge, after Dubai World’s Nakheel PJSC lost $3.65 billion, Fitch Ratings downgraded Greece’s credit and German industrial production unexpectedly dropped.
The economic recovery might not be as quick as people thought.
Please note these details may be subject to change THE NEWEST NATION IN EUROPE… PORTAXLAND This European Nation has so many t...
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The crude Saga continues with the price reaching the $117,60 a barrel...due to OPEP speculation and greed ... All OPEC members have shown th...