Oil prices surge 10 percent, raising concerns over rising petrol costs
Oil prices surged 10 percent to a four-week high on Tuesday, raising concerns over rising petrol costs in Australia. Brent crude reached $83.86 a barrel, with diesel prices increasing 9.8 percent to $1,106.75 a tonne. Industry experts warn that higher terminal gate prices will soon lead to increased pump prices at service stations.
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Published 14 Jul 2026, 00:03 UTC · Updated 14 Jul 2026, 00:20 UTC
Summary by OZbrief Editorial. Original report: The West Australian. Editorial policy · Corrections
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