Are oil futures paid for on delivery or purchase? If the former, the cost will begin to be felt very soon. If the latter, I have no idea why it won't have already sky rocketed.
Not sure - maybe suppliers maintain some level of inventory in this country that can absorb market prices for a short while.
@christianSpaceman started
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Are oil futures paid for on delivery or purchase? If the former, the cost will begin to be felt very soon. If the latter, I have no idea why it won't have already sky rocketed.