Supply, demand & competition.
The department of energy (DOE)
I don't know who asked that question, but he must be f***ed in the brain
The changing of petrol price affects the rate of inflation. When petrol price increases, it follows that the cost of production and transportation of most goods also increase.
in the 1958 britain's petrol had didn't price than now, because many the people of Britain didnt now about petrol and their use...........
In 1984 the price per litre of fuel was 50¢.
obviously yes...because petrol like gold is priced at market price and not at the price which existed earlier.
good
The petrol price in pretoria differs from that it Durban because petrol station owners have to pay a different price than from pretoria because the two have to pay different amounts of money from exportation
as per the name APM means administering the price of petroleum oil to control the demand & price from the oil marketing companies by the intevention of govt. recently petrol price is deregulated from it and APM is replaced with import parity pricing system.
Yes, petrol prices will move slightly to reflect the oil price, although in the UK the the oil cost is a very small part of the price per litre, tax and fuel duty makes up the majority of the cost. Also as petrol if produced through fractal distillation (separation of crude oil) the price of petrol is most likely to increase slightly through the price of oil.
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