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Retailers or consumers: who benefits from low oil prices at the pump?

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Report summary

As the price of Brent progressively made its way below the US$50/bbl mark, with over 40% decrease since the beginning of 2014, the debate over how much this is reflected to the customers is reheated, especially in Europe where prices at the pump fell by a mere 13% on average. Asymmetry in price transmission, also known as 'rockets and feathers' effect, is again the main focus of the media articles covering the subject.

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    Retailers or consumers: who benefits from low oil prices at the pump?

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This report includes 5 images and tables including:

Images

  • Figure 1: North West European product prices in 2014
  • Figure 2: Changes in prices (Jan-Dec 2014)
  • Retailers or consumers: who benefits from low oil prices at the pump?: Image 3
  • Figure 4: Price decrease Jun-Dec 2014 vs. market concentration
  • Figure 5: Price decrease Jun-Dec 2014 vs. presence of the discount segment

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