Rising fuel prices hurt consumers worldwide but they always seem to result in higher profit margins for the Oil companies, good news for their share holders of course. The Energy companies seem to play a simliar game.
Royal Dutch Shell has posted excellent profits, up by 11% for Q1 TO £4.75bn on the back of better management higher production levels and higher priced oil.
They warn of continued volatility in the Oil markets so maybe that volatility will result in lower fuel prices?
Maybe not!