Gasoline prices in Australia have risen to nearly A $1.7 a litre.
Gasoline prices have risen in Australia, at nearly A $1.7 a litre, a few days before school holidays, according to the Daily Mail.
It is reported that Australia`s gasoline prices are expected to rise further, drivers need to be prepared.
Prices for unleaded gasoline in Melbourne reached 167.9 cents a litre on Monday, the highest level since mid-2008, compared with A $1.70 a litre in 2008, according to Motormouth, an oil-price information firm.
In Melbourne`s metropolitan area, half of the gas stations monitored by the Royal Victoria Automobile Association (RACV) raised oil prices on Monday afternoon.
Gasoline prices in Australia have risen to nearly A $1.7 a litre.
In addition, Sydney`s average oil price reached 162.2 cents a litre on Monday, and wholesale oil prices are at their highest level in four years. Some gas stations in the city have oil prices of 167.4 cents per litre.
Oil prices in Brisbane are relatively cheap, at A $1.6 a litre. Oil prices in other Australian capital cities are at or near A $1.6 a litre.
Australian drivers felt the impact on gasoline prices as the Australian dollar weakened and international oil prices and wholesale prices were high.
Feilson (Ryan Felsom), senior economist at federal securities (Commsec), said the new state was due to take a school holiday next week, when oil prices were expected to rise further, which would put financial pressure on families.
