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OPEC cuts oil production by 1.5 mil barrels a day!
General Car Related Discussion.To discuss anything that is related to cars and automotive technology that doesnt naturally fit into another forum catagory.
So am i right in saying that just as petrol prices have started to go down the oil company is producing less oil which will eventually mean petrol prices will go back up?
So am i right in saying that just as petrol prices have started to go down the oil company is producing less oil which will eventually mean petrol prices will go back up?
yup, as the oil companies have to spend more to keep up with production demands which means the extra cost gets passed on through to the end customer
OPEC cuts oil production by 1.5 mil barrels a day!
