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原文:
New Zealand motorists should expect to see a drop in the cost of filling up their cars early next week, an AA spokesman says.
The expectation comes after the oil price dropped nearly 9 percent overnight, the biggest one-day percentage decline in more than two years.
The price of petrol rose three cents per litre on Tuesday, the first increase in six weeks, bringing the price of 91 octane to at least $2.22 per litre at most pumps around the country.
AA PetrolWatch spokesperson Mark Stockdale said the drop in crude oil should see that increase reversed.
"Going by recent history the oil companies usually pass price increases on within two to three days," Mr Stockdale said.
"So we would expect the reverse to apply, that means within the next couple of days we would expect to see a reduction at the pump.
"The AA would expect the oil companies to reverse the price increase earlier this week and then some."
Thursday's decline of $9.44 per barrel, or 8.6 per cent, brings the week's loss for oil to $14.13, or 12.4 per cent, a drop Mr Stockdale called "substantial", although he did not know how much less motorists could expect to pay at pump. |
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