Thread: Iran to hold Opec presidency for first time in 36 years
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Old 19-04-2016, 11:33   #9
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Re: Iran to hold Opec presidency for first time in 36 years
Quote:
Originally Posted by techguyone View Post
Petrol prices our way are creeping up again though, funny how that's not been mentioned anywhere in the news.
You need to look harder then. The business pages of most newspapers and business sites follow the oil price very closely indeed. Oil has risen from Approx. $30 a barrel to $40+ as I post. This, combined with Sterling plumbing new lows of near €1.25 recently has caused prices at the pump to rise.

It's not headline news because frankly, it's moving up a bit, but is still low compared to a few years ago. If oil prices suddenly jolted up and petrol went to £1.20+ again, it'll be front page news I'm sure.
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