NRMA spokeswoman Rebecca Page said the decline was because of geopolitical factors and the oversupply of fuel.

“Prices have come down a little bit since Christmas and we welcome this decline,” Ms Page said.

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Data from the NRMA showed the average petrol price in Bathurst has declined from 137.4 cents per litre on December 23 to 132c on February 3. 

Similarly, the average petrol price in Orange has come down from 141.5c on December 23 to 132.2c on February 2 – registering the second highest decline in the region since Christmas.

Dubbo saw the steepest decline in average fuel prices.

It fell from 144.3c on December 23 to 130.4c on February 3.

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Prices in Bathurst, Orange and Dubbo are currently identical to those in Lithgow, which usually has the lowest fuel prices in the region.

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Ms Page said petrol was very expensive in 2018, but the current geopolitical factors are unlikely to push prices to that level.

Petrol prices had touched a four-year high in most Central West cities in October last year.