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Emeritus Prof Christopher May

You will have noticed that prices spiked last week & are expected to continue rising into the .

While much of this continues to be the result of constraints in supply due to the , there is also a issue here:

replacement crude is proving more difficult to refine, slowing throughput to forecourts... but (also) refiners are making increased profits.

So, when next you're looking for , the petrol would be a good place to examine!