Australia: NRMA Issues Warning to Petrol Retailers
|
|
|
|
Wednesday, 19 November 2008 |
|
The NRMA has warned retailers not to raise petrol prices after they
failed to pass on discounts in the low end of the weekly price cycle.
The average retail price of unleaded petrol in Sydney was 115.3
cents a litre, almost six cents higher than the wholesale price of
109.9 cents a litre. The president of the NRMA, Alan Evans, said that
retailers could not justify huge price leaps on Wednesday night when
they had not undertaken the usual practice of discounting petrol at the
low end of the cycle.
On October 15, for instance, petrol retailed at 145.1 cents a litre - a
full cent less than the wholesale price - before increasing in value by
almost 11 cents the following day.
PetrolWorld 181108
|
