Yes, oil is falling every day although I am not sure of its impact on the prices of petrol and diesel. Brent fell below the $30/bbl mark on Monday as the Coronavirus syndrome spread quick and wide increasing the global death toll to over 7,000. The non-China deaths have now exceeded the virus deaths in China and that is indication that the new epicentre has shifted to Europe. The trigger for oil to fall was the decision by Saudi Arabia to flood the market with additional supply and also cut prices simultaneously. In 3 months, the price of Brent Crude has crashed from $69/bbl to bellow $30/bbl. However, the government has used the sharp fall in price to improve its revenues by raising the excise duty on petrol and diesel. That could continue if prices fall further and the impact on market prices could be lower but not substantially lower.