The average gate price on Wednesday was 135.6 cents per litre so a hike to 175.9 is what would be expected based on recent price hikes.
At the moment prices around Melbourne down to around the 130-133 mark. So far around 20% of petrol stations have put their prices up. Last time the price hike took some time to roll out, perhaps it will be the same this time.
It's time to keep an eye on petrol prices and fill up before the petrol price cycle peaks. Also don't forget to lock using the 7 Eleven Fuel app to give yourself an extra week of lower priced fuel.
Kelvin Eldridge
www.PetrolPricesMelbourne.com.au
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