PRICES 
The price of oil is set by a global market of buyers and sellers — each look at a variety of factors before deciding how much they are willing to pay or accept for a barrel of crude. Some of those factors are short-term trends, such as weekly statistics on oil supplies in storage. Traders also look at economic trends that may indicate changes in demand for oil.

Prices can also move on just the potential for future changes in supply or demand.

At PRAX Petroleum we constantly study and analyse these changes and on a daily basis are able to offer the best prices to our customers.

Should you wish to receive daily prices from PRAX Petroleum, please email us at: info@praxpetroleum.com with your contact information and we would be happy to add you to our list of Daily Price Recipients.