Pump fiction: why petrol prices haven't fallen as much as crude oil - utalk

Pump fiction: why petrol prices haven't fallen as much as crude oil - utalk

The disparity between the declines in crude oil prices and those at the petrol pump is under question in this edition of Utalk. Julie in the French city of Limoges asks: "With the collapse in the oil market, prices at the pumps have also fallen, but not to the same extent. Why. And will this trend be continued?" The response is from Thomas Porcher, a Paris-based economist: "Don't expect a symmetrical drop in prices between crude and petrol for two reasons. The first is that the price of oil i… READ MORE : http://www.euronews.com/2015/01/09/pu... What are the top stories today? Click to watch:    • Top Stories   euronews: the most watched news channel in Europe Subscribe! http://www.youtube.com/subscription_c... euronews is available in 14 languages:    / euronewsnetwork   In English: Website: http://www.euronews.com/news Facebook:   / euronews   Twitter:   / euronews   Google+: http://google.com/+euronews VKontakte: http://vk.com/en.euronews