Tuesday, May 28, 2019

Alert: Petrol prices on the rise in Melbourne. Prices hiking to 167.9 cents per litre.

On Saturday night I noticed the first petrol stations increasing the price of unleaded petrol to 167.9. Before sending out an alert I like to wait until a few more petrol stations increase their prices. I've seen petrol stations jump the gun before to later drop their prices again.

It's now Monday night and more petrol stations have increased their prices to 167.9. The current gate price is 134.9, so the increase is in the expected range of 25-30 cents above the gate price.

On the weekend I was passing through the Dandenong area where prices were very good. I was able to use the 7/11 Fuel app to lock in the price of 131.7 cents per litre for unleaded petrol. The lowest prices in my area were around 137.9 so even with discounts vouchers, the 131.7 was still a better price and it meant I could fill up when my tank was lower.

Over the next few days we can expect petrol prices to head upwards as we approach the weekend. Time to keep an eye on prices and if you're using the 7/11 Fuel app, be ready to lock in at the right time.

Kelvin Eldridge
www.PetrolPricesMelbourne.com.au

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