Simon Parham: Waitomo Group CEO on the slumping oil price and potential drop in fuel prices - The Mike Hosking Breakfast

Petrol prices could be lower in the coming days as the price of oil slumps and the Kiwi dollar stabilises. 

Waitomo Group Chief Executive Simon Parham told Mike Hosking global supply is increasing, while demand is decreasing. 

He says prices are going to hover about where they are, creating a period of good value for Kiwi consumers. 

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