Brisbane unleaded had a monthly average cost of 150.3 cents per litre, 4.3 cents per litre more expensive than in Sydney and 13.5 cents per litre dearer than Adelaide.
“Oil prices and retail fuel prices are likely to continue to increase in the coming months,” the report said.
Renee Smith from RACQ. Picture: Steve Pohlner
A resurgence of COVID-19, especially one of the new strains, could significantly reduce demand and lead to falls in the oil price. However, if vaccine rollouts continue and become more widespread, and Covid retreats, the oil price will continue to strengthen.”
In regional Queensland in June, average ULP price was 140.7 cents per litre and average diesel price was 139.9 cents per litre.