Australian fuel prices reach record highs due to weak Australian dollar and rising crude oil prices.
Australian fuel prices have reached record highs, with the average price of 91 octane unleaded rising to 217.92 cents per litre in major cities due to a weak Australian dollar and rising crude oil prices. The weak Australian dollar, stronger oil price, and higher wholesale prices contributed to the rise in fuel costs. However, Compare the Market expects fuel prices to decrease in the coming days as Adelaide and Perth experience drops in their city-wide averages.
April 26, 2024
25 Articles