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Cheaper oil, same pump price: is that fair?

When oil prices fall, many people expect cheaper fuel quickly. Yet costs, risks and margins lie between the crude market, refinery and petrol station.

Primary category
Economy
AVIA petrol station in Arosa, Switzerland
AVIA petrol station in Arosa, Switzerland. Photo: Sanjorgepinho, CC BY-SA 4.0, via Wikimedia Commons.

When oil prices fall significantly, how quickly should petrol stations pass the reduction on?

3 answer options

Should large price gaps between nearby petrol stations have to be explained?

3 answer options

Which approach best protects motorists when oil prices move sharply?

3 answer options

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