The latest update from the refineries is that whilst the price of Oil still remains at record highs and demand is not showing any signs of slowing, refineries are holding firm with their pricing.
This is the first period in a long time that we have seen no refinery price escalation and therefore have experienced some pricing stability, all be it, at an high level.
This can only be good news looking forward, but remember LPG, propane & butane is not only reliant on oil prices but the US dollar/GBP relationship is also a factor.
In view of the current situation, we shall be holding firm the LPG surcharge for the month of April 08.
We shall continue to monitor and inform you of all the latest news from the refineries as it happens.
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