Soaring Fuel Prices Blamed On Rise In Oil Refining Margins

Soaring fuel prices blamed on rise in oil refining margins.

Jul 08, 2022 . Growing oil refining margins are one of the main causes of soaring fuel prices, according to the competition regulator. A review by the Competition and Markets Authority (CMA) found that the increase from the crude oil price when it enters refineries to the wholesale price when it leaves them as petrol or diesel has more than tripled in the last year, from 10p per litre ....

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Soaring fuel prices blamed on rise in oil refining margins.

Jul 08, 2022 . Growing oil refining margins are one of the main causes of soaring fuel prices, according to the competition regulator. A review by the Competition and Markets Authority (CMA) found that the increase from the crude oil price when it enters refineries to the wholesale price when it leaves them as petrol or diesel has more than tripled in the last year, from 10p per litre ....

https://www.bing.com/ck/a?!&&p=e8371d04af82d0c1JmltdHM9MTY2MDQ1ODIxMCZpZ3VpZD01YTE5ODVlYS1mN2ZlLTRkM2QtYjQ4NC1lM2E2ZTJmMDk4ZWQmaW5zaWQ9NTExNg&ptn=3&hsh=3&fclid=9d6b1726-1b99-11ed-a8fc-5aac3cca23c4&u=a1aHR0cHM6Ly93d3cuYm9yZWhhbXdvb2R0aW1lcy5jby51ay9uZXdzL25hdGlvbmFsLzIwMjY1MzE5LnNvYXJpbmctZnVlbC1wcmljZXMtYmxhbWVkLXJpc2Utb2lsLXJlZmluaW5nLW1hcmdpbnMv&ntb=1.

Soaring fuel prices blamed on rise in oil refining margins.

Jul 08, 2022 . Growing oil refining margins are one of the main causes of soaring fuel prices, according to the competition regulator. A review by the Competition and Markets Authority (CMA) found that the ....

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Rising oil refiner margins blamed for soaring fuel costs, ….

Jul 08, 2022 . The 'refining spread', or the margin charged by refineries on each litre of fuel, was found to have tripled in the last year, from 10p to nearly 35p per litre. Over the same period, the so-called 'retailer spread', or the difference between the wholesale price and the price charged to motorists, fluctuated but remained about 10p per ....

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