The fall is due to a significant drop in world oil prices, falling from $100 a barrel to just under $60 a barrel in the past two months, along with a natural low in Sydney’s petrol price cycle.
This is good news for motorists who paid consistently high prices in 2018, Mr Khoury said.
He said that as prices continue to fall at an average of 1.5 cents per day, it’s still important for motorists to do their research.
While the cheapest price in the state is $1.11, the most expensive is $1.57, so consumers should plan their journey to ensure they aren’t paying more than they need to.
AAP
from A Viral Update http://bit.ly/2BEgWVB
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