Petrol prices continue to hit new lows right across Australia as coronavirus weighs down global oil prices and people stay at home under tough nationwide lockdowns. Sydney's average price hit $1 a litre for the first time in four years, with experts forecasting even more drops in the coming weeks. Despite the price drops in Australia's biggest cities, motorists in Canberra, Darwin, Hobart and regional Australia are still being slugged with high petrol prices. Demand for petrol continues to slow as thousands of people work from home amid the coronavirus crisis. 'We have seen 20-year lows for oil prices and the wholesale price in Sydney is at a 16-year low of $0.82 a litre, so we think prices will continue to fall.'

Source: Daily Mail April 15, 2020 22:40 UTC