BP is expected to announce a near 70% collapse in underlying profits on Tuesday as low oil prices continue to take their toll.

BP is expected to announce a near 70% collapse in underlying profits on Tuesday as low oil prices continue to take their toll. (theguardian.com) Fuel here was $1.30ltr before oil prices fell. Now oil is the cheapest it's almost ever been and we now pay $1.10-$1.20 per litre.

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