Oil prices soar: Sydney petrol prices hit record high
10 months ago
What happened? Last week, the Brent crude price jumped US$7.52 a barrel or 11.5 per cent to US$72.70 a barrel. And the US Nymex price added US$6.42 a barrel or 10.3 per cent to US$68.74 a barrel. It was the biggest percentage gain for both prices since June 2020. According to data from the Australian Institute of Petroleum, the Sydney average price of unleaded petrol rose by 10.5 cents a litre last week to a […]