Société Générale
| Use attributes for filter ! | |
| Stock price | GLE |
|---|---|
| Disclaimer | |
| Headquarters | Paris |
| France | |
| Revenue | 23. 95 billion EUR (2017) |
| Number of employees | 146,000 (2015) |
| Total assets | 1. 309 trillion EUR (2018) |
| Founders | Paulin Talabot |
| Subsidiaries | Boursorama |
| Crédit du Nord | |
| Date of Reg. | |
| Date of Upd. | |
| ID | 2052142 |
About Société Générale
Société Générale S. A. , often nicknamed "SocGen", is a French multinational investment bank and financial services company headquartered in Paris, France.
Motorists feel the impact of the oil price. '
drivers are already feeling the impact of rising oil prices, with growing tensions between the US and Iran continue to push it higher, according to the RAC.
"prices at the pump are already a growth of around one Cent per litre," said Simon Williams , who tracks fuel prices for The Company .
petrol is currently £1. 27 per litre, diesel will cost £1. 32, he said.
But Brian Madderson, Chairman of the Petrol Retailers Association, said: "the prices rise as a result anyway. "
He warned, to find, to try to quickly, there is a correlation between rising geopolitical tensions in the Middle East and the recent fuel price increase.
But the RAC, said Mr Williams, of The Price , the dough can be more increased, if the tensions grow between the US and Iran.
"It all depends on what is going on between Tehran and Washington," he told the Today programme.
"If things is a threat, then the oil traders get more worried, and we were able to see, the prices are on the rise. "
other factorsThe Price of oil has spiked by as much as 6. 7%, because the killed US and Iranian military commander, Qasem Soleimani in a drone strike ordered by Donald Trump .
But The Price of oil is not the only factor, the influence on gasoline prices.
Mr Williams said: "It is a conspiracy of several things, unfortunately, the prices for fuel are on the rise. "
the Oil-producers ' cartel Opec, the organization of the petroleum Exporting countries, forced the limit on the supply of oil, with a view to a rise in prices.
How is the work, The Price of gasoline?More Than half of the gasoline price goes to the state Treasury.
As a proportion of the gasoline price, UK motorists with the highest taxes in Europe, according to the RAC. To 82p are approved according are admitted to the purchased premium on each litre.
the rest of The Price for fuel is determined by what is paid, your gas station.
Changes in the value of the pound may have an effect on how the oil price in dollars. If the pound weakens against the dollar, then it is to buy tax for a UK dealer oil.
increase the gasoline prices, as tensions between the U.S. and Iran?Not necessarily. There are no rules as to how the gasoline prices respond to changes in The Price of oil.
But the RAC is Mr. Williams says, what we pay for fuel tends to "rise like a rocket" in the news of the oil price, but then it rarely falls back on the same pace, if oil is cheaper.
"All talk about a supermarket war, but we could do with one actually," he says.
Michael Haigh, head of commodities research at Société Générale, said: "A political leader is killed, 3. January should not theoretically affect what you pay at the pump. "
companies can, buy your petrol before the time, he explained, and they buy it in bulk directly from the energy companies.
supermarkets such as Morrisons and Tesco are in the rule, with short contracts, The Price of the oil markets on a bi-weekly basis.
Therefore, if the supply fears have really come on the market, then The Price of these contracts is on the rise.
"When they said that the oil prices will go up to $80, $90 or $100 per barrel, to go to, it is the feeling at the pump," says Haigh.
fuel, uk economy, oil, oil & gas industry, motoring
Source of news: bbc.com
