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Increase in fuel prices

  • 02-01-2017 7:53pm
    #1
    Gael23
    Registered Users, Registered Users 2 Posts: 12,145 ✭✭✭✭


    I've noticed fuel has gone up quite a bit over the last week. Why is this?


Comments

  • #2
    zl1whqvjs75cdy
    Closed Accounts Posts: 4,042 ✭✭✭zl1whqvjs75cdy


    Gael23 wrote: »
    I've noticed fuel has gone up quite a bit over the last week. Why is this?

    Oil price increase, opec agreed to limit production recently.


  • #3
    Gael23
    Registered Users, Registered Users 2 Posts: 12,145 ✭✭✭✭Gael23


    donkeyoaty0099 wrote: »
    Oil price increase, opec agreed to limit production recently.

    That was a while back, thought it would have had impact before now.


  • #4
    Atlantic Dawn
    Registered Users, Registered Users 2 Posts: 85,523 ✭✭✭✭Atlantic Dawn
    GDY151


    Dollar is rising against Euro and OPEC have cut production, perfect storm, I'd say €1.50 a litre before the end of year for petrol.


  • #5
    tayto lover
    Registered Users, Registered Users 2 Posts: 53,835 ✭✭✭✭tayto lover


    Amazing the way it takes so long to drop but rises instantly.


  • #6
    Gael23
    Registered Users, Registered Users 2 Posts: 12,145 ✭✭✭✭Gael23


    Atlantic Dawn wrote: »
    Dollar is rising against Euro and OPEC have cut production, perfect storm, I'd say €1.50 a litre before the end of year for petrol.

    What way will petrol v diesel go?


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  • #7
    Atlantic Dawn
    Registered Users, Registered Users 2 Posts: 85,523 ✭✭✭✭Atlantic Dawn
    GDY151


    Gael23 wrote: »
    What way will petrol v diesel go?

    Likely to be a closing of the gap with increased taxation if rumours in the media are to be believed.


  • #8
    pa990
    Registered Users, Registered Users 2 Posts: 3,883 ✭✭✭pa990


    Opec cut production
    € v $ exchange rate

    And bio being added to fuel., see this thread.. http://touch.boards.ie/thread/2057684935/1


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