Home › Australia investigating service stations for possible failure to pass on oil plunge
 

Keywords :   


Australia investigating service stations for possible failure to pass on oil plunge

2015-01-15 05:00:59| Grocery - Topix.net

Australian authorities said on Thursday they would start investigating petrol stations without warning for possible price fixing after a lawmaker accused some of failing to pass on huge falls in the oil price to consumers. The probe will put additional pressure on firms like Chevron Corp and its half-owned retail subsidiary Caltex Australia Ltd, Britain's BP Plc and Dutch Vitol which dominate Australia's service station industry.

Tags: service australia pass oil

Category:Food and Related Products

Latest from this category

All news
»
28.06Tropical Depression Two Graphics
28.06Tropical Depression Two Public Advisory Number 1
28.06Summary for Tropical Depression Two (AT2/AL022024)
28.06Tropical Depression Two Forecast Advisory Number 1
28.06Tropical Depression Two Forecast Discussion Number 1
28.06Tropical Depression Two Wind Speed Probabilities Number 1
28.06Cattle producers celebrate Supreme Court decision to rein in administrative overreach
28.06Diversified Labeling Solutions expands RFID capabilities
More »