Oil prices have fallen about 4 percent following the announcement of the agreement.
27 minutes ago
Brent crude is now trading at US$84 (NZ$143) a barrel.
Good news for Kiwi motorists could be on the way, with Westpac economists estimating the price of petrol could soon fall back under $3 a litre for 91, if the Iran-US peace deal holds.
Oil prices have fallen about 4 percent following the United States and Iran announced an agreement to halt hostilities.
Brent crude is now trading at US$84 (NZ$143) a barrel. It follows a similar drop in prices on Friday.
Iran peace deal could see petrol under $3 a litre, economist says
When will petrol and diesel prices fall - and by how much?
Gas prices expected to decline following Iran war deal as Strait of Hormuz reopens
Oil prices plunge as US and Iran announce peace deal – is cheaper fuel coming at last?
US-Iran truce could slash petrol price to N900 – Operators
Oil drops to 3-month low as US, Iran reach peace deal
Oil prices crash 5% on US-Iran peace deal
Oil prices hit three-month lows on US-Iran agreement | CNN Business
Oil hits 3-month low as US, Iran reach peace deal to reopen Strait of Hormuz
Crude oil prices drop as Pakistan official comments on Iran peace deal
Westpac says 91 petrol could fall to about $2.80 a litre if prices hold.
News of a deal between Iran and the United States is likely to be good news for New Zealand petrol prices and interest rates,…
With oil trading below $100-a-barrel for a fortnight, drivers have already seen the average price of a litre of petrol fall by 3p.
US-Iran peace deal reopens Strait of Hormuz, pushing crude oil prices down and setting expectations for lower gas prices. Bitcoin…
Following a historic peace deal between the US and Iran, global oil prices have plummeted, raising hopes for cheaper fuel in…
Nigerian petrol prices could fall to N900 per litre if the US-Iran peace deal holds and crude oil prices continue to decline, say…
