The price drop is fuelling hopes for lower prices at the bowser as the federal government’s 32¢-a-litre fuel discount ends.

Nigerian petrol prices could fall to N900 per litre if the US-Iran peace deal holds and crude oil prices continue to decline, say industry operators.

Oil prices have fallen about 4 percent following the announcement of the agreement.

Oil prices sank Monday, hitting their lowest levels in more than three months, after the United States and Iran said they had reached an agreement that would end a US blockade of…

Westpac says 91 petrol could fall to about $2.80 a litre if prices hold.

US-Iran peace deal sparks immediate drop for Brent crude but analysts warn complex negotiations lie ahead, potentially halting further significant drops

Following a historic peace deal between the US and Iran, global oil prices have plummeted, raising hopes for cheaper fuel in South Africa and across the world. But will the truce…

Brent crude futures falls $4.08 to $83.25 a barrel and US West Texas Intermediate falls $4.35 to $80.53.

Rolling coverage of the latest economic and financial news

SINGAPORE: Oil prices slipped to a three-month low on Monday after US President Donald Trump and Iran's deputy foreign minister said they had reached an initial deal to end the…

Oil prices fell to a three-month low after the US and Iran's peace deal

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 also rallies toward $74K.

US gas prices fell below $4 per gallon as the Strait of Hormuz reopened under a US-Iran peace deal. Brent crude dropped 11%, and Bitcoin rallied on the

US-Iran peace deal drops oil prices, with crude unlikely to hit new highs soon. New all-time high by June 30 at 0.8% YES.

The price drop is fuelling hopes for lower prices at the bowser as the federal government’s 32¢-a-litre fuel discount ends.