Energy resources

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Nymex oil price 22 July 2015 - Source: Nasdaq

The last time around, at the end of June 2015, petrol pump prices rose by 10-20 sen per litre under our ‘wonderful’ monthly float system even though the global oil price fell during the month. So what will the price be at the end of July given that the oil price has dropped even more in July (so far)?