Fuel prices to keep falling in coming weeks as Chinese demand for oil reduces

Motorists can expect further reprieve at the petrol bowser with analysts predicting continued falls in the price of oil. But economists say while falling prices are good for consumers, it won’t lower underlying inflation as far as the Reserve Bank wants it to, meaning interest rate cuts are still unlikely until next year.  Motorists can expect further reprieve at the petrol bowser with analysts predicting continued falls in the price of oil. But economists say while falling prices are good for consumers, it won’t lower underlying inflation as far as the Reserve Bank wants it to, meaning interest rate cuts are still unlikely until next year.  Oil and Gas, Economy, Commodities Markets, Business Enterprises, Small Business Latest business news