Petrol price investigation: who owns the UK’s oil refineries?
by Alex Lawson Energy correspondent from World news | The Guardian on (#6177D)
As the competition watchdog investigates profit margins, here are six of the largest refiners and the corporate interests behind them
The UK's competition watchdog has turned its guns on oil refiners, pointing to the fat margins they are making as part of an investigation into why fuel prices are so high.
The Competition and Markets Authority said it has found cause for concern in the growing gap between the price of crude oil when it enters refineries, and the wholesale price when it leaves refineries as petrol or diesel".
Continue reading...