Fuel Prices Set To Soar As Reprieve Comes To An End: NRMA

Fuel prices are set for their biggest quarterly jump in 25 years, as the temporary reprieve that arrived late last year comes to an end.

Some service stations were selling regular unleaded and ethanol-blended fuels for around $1 per litre (pictured, above) as the price cut hit its most aggressive stage, but prices have risen steadily since then. 

The NRMA is advising motorists to fill up now, as the price hike could be as much as 17 cents per litre in some areas.

A recent price drop over the last seven days is only in line with the regular price cycle, the NRMA said, and the pump price could exceed 150 cents per litre again by the end of the week - an eight-month high.

Ethanol