Petrol plunge could hit 85c

Original article by Andrew Tillett
The West Australian – Page: 1 & 4 : 14-Jan-15

Data from FuelWatch shows that some service stations in Perth are selling unleaded petrol for $A1.06 per litre. The crude oil price has fallen below $US50 a barrel, and Stephen Moir of the Motor Trade Association of Western Australia says it could potentially fall to around $US30 a barrel. He adds that at that price, Perth motorists could be paying between $A0.85 and $A0.90 per litre for petrol

CORPORATES
FUELWATCH PTY LTD, MOTOR TRADE ASSOCIATION OF WESTERN AUSTRALIA INCORPORATED, COMMONWEALTH SECURITIES LIMITED, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, ROYAL AUTOMOBILE CLUB OF WESTERN AUSTRALIA (INCORPORATED), PUMA ENERGY (AUSTRALIA) HOLDINGS PTY LTD

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