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What's behind the pre-Christmas fall in the price of petrol?

Author
Newstalk ZB,
Publish Date
Wed, 6 Dec 2023, 8:53PM
 (Photo / Getty)
(Photo / Getty)

What's behind the pre-Christmas fall in the price of petrol?

Author
Newstalk ZB,
Publish Date
Wed, 6 Dec 2023, 8:53PM

Good news for Kiwi motorists, with a pre-Christmas fall in petrol prices.

Brent Crude has fallen from $81 US dollars on Friday to $77 this morning.

The average price for unleaded 91 petrol has already fallen about five percent since the start of the month.

Infometrics principal economist Brad Olsen explains this sudden shift.

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