Quote:
Originally Posted by WoolyCiv
Does every country pay the same per barrel for oil except of course the oil producers and does the variation come purely from the taxes applied?
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Its an open market, like the stock exchange. the oil companies buy output at the current market value and then sell some on at a later date. Tax is only added to the refined product when it then gets shipped to the final user (via petrol stations or in bulk wagon for domestic use)