20 Jul 2022

Petrol prices dropping slowly after crude oil prices lower

From Morning Report, 7:38 am on 20 July 2022

Questions are being asked about the sluggish drop in fuel prices following a slump falls in the cost of crude oil.

While the cost of petrol at the pump is gradually going down the price of diesel remains high.

Diesel is the main fuel used in trucks and tractors and used to be cheaper than petrol.

So what's going on? Automobile Association principal policy advisor Terry Collins spoke to Corin Dann.