Motorists have been told to shop around early to avoid paying above $2 a litre at the bowser in the lead-up to the Easter long weekend.
There's currently a 47-cent difference between the cheapest and most expensive prices in Sydney.Petrol prices are expected to increase in the lead up to Easter long weekend and motorists have been urged to fill up ahead of time.
The comparison site's energy expert Chris Ford said some retailers were keeping prices low to draw consumers in."For example, there's currently a 47-cent difference between the cheapest and most expensive prices in Sydney," he said.Average prices across the other capital cities are more reasonable, with Melbourne's average price sitting at $1.78 a litre and Brisbane's $1.79 a litre.
CommSec chief economist Craig James said oil prices influenced retail prices but fluctuations did not necessarily translate directly to prices paid at the bowser, with city-specific pricing cycles also a major driver of retail prices.Mr James said there were several factors in the mix and it was hard to discern which way oil prices would go.
On the other hand, chances of oil supply disruptions, a rebounding Chinese economy and stabilising inflation and interest rates could keep oil prices elevated.A subscription service and free power could encourage more electric vehicle drivers to plug in
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