ÖAMTC - oil price are at September 2009 rates but fuel prices are 17 cents higher

BusinessCommodities ♦ Published: May 19, 2010; 00:00 ♦ (Vindobona)

Oil prices are decreasing in price however fuel prices are rapidly increasing. Crude oil prices are at levels of September 2009. At the time average prices for diesel were at €0.953 while “Super” was sold at €1.051.

ÖAMTC - oil price are at September 2009 rates but fuel prices are 17 cents higher / Picture: © Vindobona.org

Currently prices of diesel are at €1.131 while “Super” sells at 1.227 euros. “Inflation is on the rise, petroleum products are main price drivers with a plus of 22 per cent. Considering current crude oil prices, this is an unnecessary burden on drivers“, ÖAMTC expert Martin Grasslober argues.

Falling crude oil prices (20 per cent in the last two weeks in dollar…

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