Petrol prices increasing

[patchwork cat]

I have noticed in my twice weekly digest from Petrolprices.com that since the beginning of January petrol has increased by 3p from 82.9 to 85.8. I know that duty was increased in the last budget but with the 2p drop in VAT I believed that this would have no effect for the moment.
Have oil prices started rising again or is this just the market correcting itself?

[hewhoisnotintheknow]

value of £ to $?

[Hintza]

You mean you don't read the Financial Times to keep abreast of all the commodity prices...lol

Seriously Oil prices are up and the £ is down. However with Gaza hopefully sorting itself out we will maybe see prices ease a bit )but OPEC is lowering production). Having said all that if I knew what was going to happen I would be a succesful trader living in the Bahamas!

[patchwork cat]

Uh no the FT is a bit pink for me!