Australian fuel prices could fall a further five cents per litre

Australians could see further falls of "four or five cents" per litre at the bowser as global oil prices continue to plummet, the NRMA's Peter Khoury says. "The wholesale price in Sydney as of yesterday was 82 cents. We expect that to fall now to below 80 cents," Mr Khoury said. "The average prices in the major capitals will likely get to below 80 cents." Mr Khoury said the smaller capital cities and regional centres were not seeing falls happening "anywhere near enough, or quickly enough". The NRMA hoped to see the regions' fuel prices fall to at least 100 cents or below, which would still see "a handsome profit margin". Image: News Corp Australia

from National | Daily Telegraph https://ift.tt/351XXCQ