Are petrol prices fluctuating proportionately?
According to Yahoo! News, oil prices closed at US$126.77 per barrel yesterday, down almost $20 from July 11 record high prices of US$147.50 per barrel. If you do the maths, that’s about a 14% in falling costs for petrol. A few weeks ago, I saw petrol prices in Sydney go up to about AU$1.68 a…
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