National average petrol prices reached 147.4 cents a litre last week, but wholesale prices climbed 4.6 cents last week too.He said even before the attacks on two Saudi Arabian oil processing plants earlier this month, petrol prices were set to rise.“We are highly exposed to the volatility of world oil prices.”
Melburnians, who have already started their holidays, copped the highest rise last week, with a jump of 15.2 cents a litre to 147.9 cents a litre. To make it worse, the end of a retail discount period saw prices climb further to 164 cents a litre on Monday. Brisbane saw the biggest drop in petrol prices for all the capital cities last week, falling by 13.7 cents a litre, with drivers paying 139.4 cents a litre on Monday.
Source: Education Headlines (educationheadlines.net)
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