CHAIN OF FUELS
GREAT news for the oil industry, bad news for the motorist.
The Organisation of Petroleum Exporting Countries (OPEC) has finally decided to end the glut and reduce its production of oil by 1.2 million barrels per day.
It’s an announcement that has already seen the price of a barrel of crude oil rise sharply.
Regardless of the reserves, motorists can again expect to be taken for fuels and be pumped at the pumps.