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throbb
675 posts

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  #2136393 29-Nov-2018 08:02
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Batman: Well then why when crude oil goes up you see petrol price hike immediately eh

 

It doesn't that's your perception, quite often you only hear about an oil price increase once its increased a fair amount, even though its been increasing over weeks, then your petrol prices increase a few cents a week following the trend in oil prices.




Goosey
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  #2136505 29-Nov-2018 11:09
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throbb:

Batman: Well then why when crude oil goes up you see petrol price hike immediately eh


It doesn't that's your perception, quite often you only hear about an oil price increase once its increased a fair amount, even though its been increasing over weeks, then your petrol prices increase a few cents a week following the trend in oil prices.




Nail. Head.

Yes spot on.

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