Australia
Fuel prices expected to stay above $1.50 for near future
No relief: Fuel prices are expected to remain high because of international factors. Photo: FILE
Average fuel prices across western NSW have hit $1.50 per litre and motorists are being warned the situation is unlikely to get better in the near future.
Global oil prices have risen for six consecutive weeks and are expected to continue to rise, due to external factors, NRMA spokesman Peter Khoury.
Across the Central West, prices have risen between 20-30 cents since mid-March but Mr Khoury said prices arent likely to get much higher.
“The average price in Sydney is 155 cents but based on the fuel cycle, we expect it will drop to 137 in around two weeks time,” he said.
“Regional NSW isnt seeing the fluctuations we are seeing in the city. A lot of regional towns are averaging 150 cents per litre and we dont think they will reach 155 but it probably also wont drop lower again any time soon because the regions dont have a fuel cycle.”
Incredibly Grenfell had the cheapest fuel in the reg..
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