MOUNT EVELYN STAR MAIL
Home » News » Petrol prices tip over $2

Petrol prices tip over $2

A Bayswater North petrol station has tipped over $2 a litre as expected price rises hit the region.

Currently, the average price of petrol in Australia is $1.79, however, the station was spotted at $2.05 a litre on Thursday 24 February.

Global crude oil prices have reached their highest levels since 2014 following the uncertainty over a Russian invasion of Ukraine, which is set to drive petrol prices up around Australia.

Russia is the second-largest exporter of crude oil and refined petrol, as well as the largest exporter of natural gases.

The average price of Australian petrol was $1.70 when the price of oil was $90 USD a barrel. With a 13 per cent increase per barrel expected, which would see petrol rise over $2 a litre

Digital Editions


  • New look for old name at Knoxbrooke

    New look for old name at Knoxbrooke

    If you have travelled along York Road, Mount Evelyn recently you may have noticed changes happening at Yarra View Nursery and Yarra View Garden Centre.…