Brent Crude Oil Price Remains steady which could mean more relief at the pumps for Motorists.

in #economics6 months ago

Screenshot 2023-12-01 12.11.37.png

The Brent Crude Price has remained steady over the last week 5 5-day outlook dipping again back down to about the $80.60 mark. It is about $6.00 per barrel cheaper now on the 1st of December 2023 compared to this time last month when it was recorded at a high of around $86.94.

This could see some relief for motorists traveling over the Festive season in terms of fuel prices globally. Bear in mind that the performance of your country's currency to the dollar is also a factor along with other country-specific policies in rates and taxes that constitute the entire makeup of the final price you pay at the pumps.

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