FEATURE ARTICLE SHORTENED HEADLINE
since mid-June 2014 , oil prices have plunged over 60 percent ; but there are both winners and losers in this .
Naturally the end-user , i . e . the ordinary man or woman in the street , is going to be extremely pleased to see the cost of a litre of petrol continue to drop . In the first fortnight of January this year , prices at some English service stations had dropped below £ 1 per litre , meaning a hefty 35p per litre saving at the pump compared to a mere seven months prior . All this means an alleviation on the cost of living crisis , and means the decline in crude oil price will make car-owners happy .
But then take a look at the fuel customers of a different , bigger scale and the benefits only multiply . Any organisation which purchases large quantities of fuel will see its procurement practice become much more efficient if the crude oil price stays low ; such as airlines , shippers and hauliers . Lufthansa for example , announced last month that it expected
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