petrol stations price discussion (was ‘chaos’)

[Cristian]

Filled up the tank on Saturday, 1.699 for 99 at Esso in London, not impressed at all.

 

[ShiWarrior]

Apparently oil prices have fallen today because of Irans attack at the weekend ..

 

[Simon]

Apparently oil prices have fallen today because of Irans attack at the weekend ..

They shot up Friday anyway and with no response priced in this is just a drop from Fridays pump.

 

[Cyber-Mav]

Apparently oil prices have fallen today because of Irans attack at the weekend ..

How is that linked?

 

[200sols]

Oil prices have been rising all year, no surprise fuels are going higher.

 

[Jonnycoupe]

How is that linked?

Yeah not like Iran is in OPEC...

 

[Uther]

I'm in the honeymoon period of changing from a big diesel to a small petrol so fuel is about 10p a litre cheaper for me just now.

 

[Cyber-Mav]

Yeah not like Iran is in OPEC...

If oil comes from iran why would their attack lower oil prices?

 

[ShiWarrior]

Oil prices dip after Iran attack on Israel - BBC News

Prices had already risen in expectation of action, with Brent crude near a six-month high last week.

www.bbc.co.uk

 

[Jonnycoupe]

If oil comes from iran why would their attack lower oil prices?

Because there were questions over what retaliation Israel would take and when, and to hurt a country you might not only target their military installations but also wealth generating facilities! Ie oil supply infrastructure. Isn't that obvious?

I think the US stance has help calm things hence the reduction in prices.

 

[HangTime]

Fundamentally I think the original statement was a bit misleading which has led to the confusion - prices did not fall because of the attack by Iran. They fell (only very slightly) after the attack because of the geopolitical aftermath of the attack and stance from US etc as mentioned, with the expectation of the attack having already been priced in.

 

[cheesefest]

Everytime I driven past a certain PS, the fuel has gone up by 1p. Beginning of this month - 145.9p for unleaded and now 151.9p

 

[Cyber-Mav]

Shell is first to put the price up and last to drop it down by my ends

 

[lemonkettaz]

Finally got one of them Esso cards for price off fuel... waste if time as the esso garages are like 4 p more so pointless.

Getting to mid 150s now for diesel.. annoying creeping up again

 

[Robzere31]

£1.76 yesterday for Vpower in North Wales whilst on holiday!
Paid £1.54 for BP Ultimate in Worcestershire the previous Friday before leaving!

 

[Blackjack Davy]

No difference in prices here the little independent used to be massively expensive as much a 10-15p more than the supermarkets now they're all the same I don't even bother to look at the price anymore they're all the same i.e. expensive.