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The New Daily

Business

George Hyde

Dip in petrol prices, but expect more pain at the pump

Petrol OPEC Oil Petroleum Australia

Petrol prices have dropped across much of Australia – but the relief might be short-lived for many.

The nation’s average petrol price dropped 3.9 cents to 178.6 cents a litre last week, according to Australian Institute of Petroleum data.

The national weekly average across the major cities fell by 7.4 cents to 176.6 cents per litre.

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