Rising Diesel Prices Put Pressure on Businesses
4 Articles
4 Articles
"Earthquake" in the diesel market across Europe, as prices are on an upward trajectory and concerns about the next day intensify. In the spotlight are scenarios for the price of oil to skyrocket to even $350 per barrel and the impact on consumers, transport and businesses.
Diesel price surge sends shockwaves through European economy
Europe's diesel squeeze has been further complicated by uncertainty over supplies from across the Atlantic.BRUSSELS, Sept. 28 (Xinhua) -- Record diesel prices are sending shockwaves through Europe's economy, pushing up freight costs and squeezing farmers and businesses as disruptions to Russian and Middle Eastern supplies tighten an already strained global market.An analysis of data publi
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