A dip in Sydney
petrol prices is set to end prematurely thanks to increased demand as residents travel over the long weekend.
Regular unleaded petrol is currently averaging 178.2 cents per litre in Sydney, while diesel is sitting at 192.4 cents per litre.
However, with the wholesale price of petrol having climbed 5.5 cents a litre in the past week, those prices are set to climb within days.
Brisbane currently has the most expensive petrol in the country, sitting at 209.9 cents a litre for regular unleaded, while Melbourne has the cheapest, at 177.5 cents.
NRMA spokesperson Peter Khoury urged motorists to hit the bowsers before petrol prices spike, due to increased demand as families prepare to go away for the long weekend.
“Unfortunately, we are seeing prices start to creep up in the Sydney market much sooner than expected,” Mr Khoury said.
“The price at the bottom of the cycle in Sydney bottomed out at around 10 cents per litre higher than Adelaide and Perth, meaning Sydney has continued its 2023 trend of paying more for petrol than some of its smaller capital city counterparts.”
Drivers are also being encouraged to shop around, with a huge 60.6 cents a litre price difference between Sydney’s cheapest and most expensive petrol representing a $33.30 price difference on a tank of fuel.
The average price for regular unleaded across the nation’s capital cities are as follows:
- Brisbane – 209.9c/L and falling
- Adelaide – 199.1c/L and rising
- Canberra – 186.4c/L and slowly rising
- Darwin – 182.8c/L and stable
- Hobart – 182.8c/L and slowing rising
- Sydney – 178.2c/L and rising
- Melbourne – 177.5c/L and rising
- Perth – 172c/L and falling
Extracted in full from: https://www.9news.com.au/national/petrol-prices-rise-ahead-of-australia-day-long-weekend/7455288c-7173-4b82-a5d2-11aff832489a