petrol
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Why Do Oil Prices Keep Going Down?
9Global stock markets have been in a tailspin this week. And the sinking price of oil received at least some of the blame. Producers keep pumping more oil, even as prices are falling to fresh 12-year lows every day. What’s driving this?
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Australian Petrol Prices Are Low, But Don’t Expect Them To Stay That Way
The latest figures from the Australian Competition and Consumer Commission (ACCC) confirm what everyone hitting a bowser had noticed: petrol was a lot cheaper in the last three months. However, that doesn’t mean we should expect the trend to continue.
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Why Petrol Prices Take So Long To Drop
Turns out your best chance of petrol prices becoming lower in your area is if a Costco opens up nearby. Monash University economics professor Stephen King explains how competition makes petrol cheaper in Australia, and why prices take so long to fall after oil prices reduce.
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Official: Australian Petrol Prices Are Higher Than Ever
The bad news? Petrol prices in Australia are higher than ever. The strange news? We’re still one of the cheaper places in the world to buy petrol.