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Why hasn't utility prices dropped?


SGCMWhiteKnight
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Issit because oil contract 3 months?

I think this is the reason. They take the past few months prices in the calculation. So got to wait for the next quarter before they take this drop in prices into consideration.
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when next quarter oil price inch higher ... they will claim oil price is high

as usual, price up faster and down slower

 

I think this is the reason. They take the past few months prices in the calculation. So got to wait for the next quarter before they take this drop in prices into consideration.

Edited by Wt_know
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when next quarter oil price inch higher ... they will claim oil price is high

as usual, price is always up faster and down slower

 

 

When oil price goes up, it'll be factored in the next calculation. Unlike petrol prices which respond to oil prices quicker.
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