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What happened to global oil prices this week? What does it mean for Australia's petrol prices?

Global oil prices have been falling until increased geopolitical tensions in the Middle East saw jumps this week. So what does that mean for Australia in coming weeks?

By: ABC News (AU)

Oct 05 2024
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What happened to global oil prices this week? What does it mean for Australia's petrol prices?

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Australians are optimistic a rate cut could be on the way as the cost of living crisis continues to bite