European petrol prices rise after Venezuela strike

Newswire

LONDON, Dec 20 (Reuters) - Petrol prices rose across the European Union this week as an extended strike stopping oil exports in Venezuela increased demand for European supplies, industry experts said on Friday. "If wholesale prices are high and stocks aren't sufficient, that means high (pump) prices in Europe as the U.S. pulls away gasoline (to cover for the strike)," said Peter Regnier of Oil Price Assessments Limited (OPAL). Wholesale prices on the benchmark Rotterdam market have shown ...

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