Liam Dann: NZ Herald business editor at large on oil prices slumping to their lowest level all year
Heather du Plessis-Allan Drive · Newstalk ZB
September 5, 20242m 35s
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Show Notes
Global financial market turmoil overnight has come with a silver lining for motorists as oil prices have slumped to their lowest level this year.
Cheaper petrol at the pump should follow in coming days after Brent Crude Oil fell 5 percent to US73.74 - a price not seen since mid-December 2023.
NZ Herald business editor at large Liam Dann unpacks the economic factors behind the slump.
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Topics
businesspetroloiloil prices