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Unacceptable : Anger at petrol rip off | Queensland Times

Petrol stations raised prices to record levels during the pandemic and then lowered them at an unusually slow pace, in a trend that s been slammed as wrong and unacceptable . Hiking prices quickly and then holding off on lowering them helps oil companies to earn bigger profits, but hurts consumers, according to the the National Roads and Motorists Association. Fuel is an essential commodity in Australia and it s high time prices reflected that reality, NRMA spokesman Peter Khoury said. NRMA analysis of holiday petrol prices in Sydney reveals prices have fallen at a much slower rate than they previously increased. Petrol stations raised prices to record levels during the pandemic and then lowered them at an unusually slow pace, in a new trend that has been slammed as “wrong and unacceptable”.

Petrol hit $1, iron ore soared but commodities this year all hang on the success of COVID-19 vaccines

Petrol hit $1, iron ore soared but commodities this year all hang on the success of COVID-19 vaccines By business reporter Sue Lannin © Provided by ABC Health Australian motorists are benefiting from cheap petrol prices because of weak demand for oil globally. ((ABC News: Sue Lannin)) The year 2020 has been one of fluctuating fortunes for Australia s biggest exports amid the coronavirus-fuelled recession and trade row with China. Gold hit a record high above $US2,000 an ounce and iron ore prices jumped by more than two-thirds in 2020 as China s economy recovered from the COVID-19 shutdown and a coronavirus outbreak in Brazil closed iron ore mines.

Unacceptable : Anger at petrol rip off | Ballina Shire Advocate

Petrol stations raised prices to record levels during the pandemic and then lowered them at an unusually slow pace, in a trend that s been slammed as wrong and unacceptable . Hiking prices quickly and then holding off on lowering them helps oil companies to earn bigger profits, but hurts consumers, according to the the National Roads and Motorists Association. Fuel is an essential commodity in Australia and it s high time prices reflected that reality, NRMA spokesman Peter Khoury said. NRMA analysis of holiday petrol prices in Sydney reveals prices have fallen at a much slower rate than they previously increased. Petrol stations raised prices to record levels during the pandemic and then lowered them at an unusually slow pace, in a new trend that has been slammed as “wrong and unacceptable”.

Unacceptable : Anger at petrol rip off | Whitsunday Times

Petrol stations raised prices to record levels during the pandemic and then lowered them at an unusually slow pace, in a trend that s been slammed as wrong and unacceptable . Hiking prices quickly and then holding off on lowering them helps oil companies to earn bigger profits, but hurts consumers, according to the the National Roads and Motorists Association. Fuel is an essential commodity in Australia and it s high time prices reflected that reality, NRMA spokesman Peter Khoury said. NRMA analysis of holiday petrol prices in Sydney reveals prices have fallen at a much slower rate than they previously increased. Petrol stations raised prices to record levels during the pandemic and then lowered them at an unusually slow pace, in a new trend that has been slammed as “wrong and unacceptable”.

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