Why have petrol prices jumped to new highs and why do they vary between retailers?

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Why have petrol prices jumped to new highs and why do they vary between retailers?
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Retail petrol prices are the highest they've been since 22 July, and they're not expected to drop straight away.

Wholesale prices are the highest they've been since April and increases are being passed on to motorists.Petrol prices have jumped to the highest national average all year as global demand surges, and could stay high for some time.

Oil prices - up 23 per cent since a low in mid-June - have kept wholesale fuel prices high in Australia.There's a new call in Australia to ban petrol car sales. How do we compare to the rest of the world? OPEC+ produces about 40 per cent of the world's crude oil, which means its output decisions have a major influence on oil prices.

OPEC+ tends to make decisions without too much warning, so "if they decided to cut production further and choke supply again, then we'd see a tick up in the oil prices again. Some motorists are being charged much more than the national average and prices can vary greatly between retailers in the same area.

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