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ABC News
ABC News
Business
business reporter Daniel Ziffer

Global oil prices have slumped, yet petrol price relief is uncertain

High petrol prices are causing havoc for households and businesses, with no relief in sight. (Reuters: Sergei Karpukhia)

Record petrol prices are causing stress for households and businesses.

However, a nose-dive in global oil prices will not necessarily mean that the price you pay at the bowser will soon fall.

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