Motorists in Sydney and Melbourne are being urged to fill up their tanks as petrol prices are expected to rise sharply by Christmas Day.
Australasian Convenience and Petroleum Marketers Association chief executive Mark McKenzie said savvy drivers could pick up a bargain amid the turn of the petrol cycle, with an “extraordinary” difference between the top and lowest prices in major cities.
This comes as the latest The Australian Financial Review/Freshwater Strategy poll, released on Monday, found cost of living was the single largest concern among voters,
Melbourne’s cheapest fuel on Tuesday was $1.66 a litre, according to PetrolSpy, while its most expensive was $2.16. Sydney had a bottom of $1.65 a litre and a top of $2.20.
Mr McKenzie said prices changed store by store, rather than by suburb, as individual outlets played a game of “discount leapfrog”.
Extracted in full from: https://www.afr.com/companies/transport/motorists-urged-to-track-down-cheap-petrol-before-christmas-20231218-p5es69