Petrol Prices tipped to drop in Australia

Petrol prices around the country are tipped to drop to their lowest level in almost three years, after Australia's international benchmark Singapore Mogas plummeted.

Petrol prices around the country are tipped to drop to their lowest level in almost three years, after Australia's international benchmark Singapore Mogas plummeted.

The Australian stockmarket remained volatile yesterday, with shares rallying after $30 billion was wiped off on Monday.

Marion Ives reports.

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