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Fuel price hits six-week low

Fuel prices have fallen to a six-week low thanks to oil cartel OPEC (Organisation of Petroleum Exporting Countries) deciding against another round of production cuts.


The Australian Institute of Petroleum says the national average price of regular unleaded (91 RON) petrol today stands at 118 cents per litre, a two cent fall on last week's average.

It has further been predicted that petrol prices will fall another five cents per litre over the coming fortnight.

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