Maybe soon there will be less tears at the pump
Oil prices are falling, but so far you hardly notice it at the pump. Yet there is good news: it is quite possible that petrol and diesel prices will soon also fall.
Crude oil prices have fallen to their lowest since mid-March. Yet you still pay an alarmingly high price for a liter of petrol or diesel at the pump. The Average National Recommended Price (GLA) of a liter of Euro 95 (E10) at the pump is still €2.26 at the time of writing. That of a liter of diesel is €1.94. Yet there is reason to be hopeful. Petrol and diesel prices could fall as a result of the drop in oil prices.
Paul van Selms of consumer collective United Consumers tells Nu.nl that oil companies pass on a drop in oil prices in fuel prices with a delay. Price changes at the pump are adjusted upwards more quickly when oil prices rise, as was previously shown. Van Selms expects that we will soon pay less for a liter of petrol or diesel if oil prices remain low for a while.
– Thanks for information from Autoweek.nl