Thursday, March 29, 2012

Oil now at $34.00 a barrel-are prices going down?

From almost $150.00 per barrel, crude oil price has gone down to less than $34.00 per barrel.





Is there any indication of transport prices going down for Tuktuks, taxi and buses?





What about hotel/hostel costs?



Oil now at $34.00 a barrel-are prices going down?


the fuel price at $35 usd per barrel in cambodia currently is about 2800 reil or 75 cents..when the price per barrel was $150 the fuel was double or about $1.50 cents per litre.so even through the oil per was x4 the fuel was only x2.as the increase in fuel was for a fairly short time most tour operators and hotels restaurants ect would have born these extra costs.i know the price for tuk tuk and buses did go up but only by a dollar or 2 and now with the low tourist numbers together with the fuel price deduction they have gone back to per hike days



Oil now at $34.00 a barrel-are prices going down?


As MtOlympus said pump prices have reduced. Tour prices, boat rides, tuk tuks motos etc are pretty much the same (all depending on your bargaining skills for the latter). Airlines too are still pretty much of a muchness although it really does seem to depend on your travel agent here I found..some seem to have magic wands!

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