Petrol prices to soar in Sydney: Cost of fuel to rise higher than $2.10 per litre in further blow to Aussies during cost-of-living crisis
- Fuel set to cost $2.10 per litre in Sydney
- NRMA says prices will surge next week
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The average price of unleaded fuel in Sydney is set to surge higher than $2.10 per litre over the next week, the NRMA has warned.
The current average across the city is 193cents per litre but that is expected to skyrocket into the ‘low 210s’ over the next five to seven days, according to the NRMA’s Weekly Fuel Report.
‘Average regular unleaded prices rose 9.9c per litre last week from the bottom of the cycle,’ the report said.
‘That should peak around the low 210s cents per litre over the next five to seven days.’
Fuel prices will skyrocket to the ‘low 210s cents’ per litre in Sydney, according to insurer NRMA
Prices have begun rising again across Australia, just months after drivers had recovered from other recent hikes in price
Premium 95 and 98 unleaded fuels were expected to reach as high as 227c and 234c per litre respectively.
The cost of diesel, meanwhile, sits at 203.2c per litre – a staggering increase of 13c from the past week.
LPG in Sydney is the only fuel type to fall, dropping 0.3c to 98.3c across the city this week.
Fuel Check NSW, a state government fuel finder app, further revealed the stark reality for motorists in the Harbour City.
According to government data, the average price for unleaded fuel has skyrocketed from the mid-180c mark in July.
The data further reveals the direction prices are heading, with the August average on track to reach last-November’s record high.
For the past 12 months, the average price for unleaded fuel sat at 183.7c per litre; currently, it is sitting at 199.8c.
The situation, inflamed by changes to the fuel excise and production dips, was felt across the country this week.
In Melbourne, unleaded fuel reached as high as 229.9c per litre, according to the RACV’s fuel tracking data.
Prices in Melbourne, like Sydney, varied wildly across the city, with unleaded offered as cheaply as 175.9c on Thursday.
Premium 95 and 98 unleaded fuels were expected to reach as high as 227c and 234c respectively.
Motorists, witnessing fuel creep more than 200c a litre, told Nine on Thursday they had ‘never seen it that bad’.
‘When I saw how much it was, I stopped,’ said one motorist.
‘It’s f***ed. I think I’ll walk,’ said another.
Another motorist said prices had been ‘going up and up and up’ over recent days.
The NRMA’s advice to motorists is to use fuel checking apps to ensure they get the best deal.
As for the other major cities, the situation this week was similarly bleak, with unleaded prices sitting at 188c in Brisbane.
In Hobart, the average price is 202c per litre, according to Fuel Check Tas, up from 199.2c last Friday.
Unleaded fuel reached an average price of 200.5c per litre in Perth and about 198c per litre in Canberra.
Adelaide, meanwhile, recorded an average of 208c per litre and Darwin an average of 194c per litre.
