Oil, gas and mining

Explained: If crude oil is so cheap, why is my petrol still expensive? | ABC News

This is the second instalments on our series examining the falling oil price.
We’ve already looked at why the price of crude has dropped so sharply in recent weeks:

Now Phil Lasker takes us through how that translates at the pump and in some cases why it doesn’t.

Read more here:

For more from ABC News, click here:
You can watch more ABC News content on iview:

Subscribe to us on YouTube:
Go deeper on our ABC News In-depth channel:
You can also like us on Facebook:
Or follow us on Instagram:
Or even on Twitter:

Share via