Higher oil prices and a weaker krona mean that the price of petrol and diesel is expected to increase in 2024.
There are several reasons why the price of oil is rising.
An important factor is Ukraine’s attacks on Russian oil refineries in recent weeks.
Another important factor is the geopolitical tensions in the Middle East, but also that the oil now needs to be transported over longer distances.
A third factor is that the demand for oil has increased, including in the USA and China.
Source: TT