New data suggests the recent fuel price plunge has come to an end, temporarily at least, as the average per-litre rate begins to rise in some Australian capital cities.
Fuel watch group MotorMouth is urging motorists to “fill up now”, as its price-monitoring service begins to see an upward trend in prices for E10 ethanol-blended fuel in Sydney and regular unleaded in Brisbane.
It’s been a long holiday from the usual weekly ‘price cycle’ for Australian motorists, with a gap spanning 12 weeks since the last price rise.
The price war on oil at present has seen fuel prices dip below $1.00 per litre in various parts of the country, but some of these service stations are now back above the dollar-mark.
The average price in Sydney and Brisbane is now hovering around 118.9 cents per litre at some service stations.
“Everyone remember the ‘Golden Rule’ - if it is low, fill up, and if it is high, top up,” MotorMouth’s Alan Cadd said.
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