Ash Oro @ashoro.co.uk · 05/10/2026Insurance, security, convoy delays, longer routing, extra fuel, waiting time and higher charter rates all enter the delivered price. Those costs do not disappear because Brent falls by a dollar or two on an emergency-stock announcement. 170
Ash Oro @ashoro.co.uk · 05/10/2026Nor do pump prices reset instantly. Forecourts are selling fuel bought earlier, at earlier wholesale prices, often with forward contracts. Retail prices also reflect refining margins, freight, the pound-dollar rate, duty and required taxes. 160
Ash Oro @ashoro.co.uk · 05/10/2026Diesel is particularly exposed. Britain and Europe need it for freight, farming, construction, heating oil blending and industry. It is a refined-product market already under pressure, not simply “oil in a ship somewhere.” 160
