Slight changes to the Perth market this week shifting from fortnightly to weekly, this is likely to have happened due to many retailers moving prices against the regular fortnightly pattern. This has been creating slight disruption to the regular trend. Though good news for motorists as it means they will be able to buy fuel at the bottom of the cycle which is every week again. We’re likely to see slightly smaller cycles too!
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Current ULP average: 168.7cpl
Price range over the last week: 158.9cpl – 228.9cpl
Average prices continue to fall in Brisbane over the last week with a handful of locations putting ULP prices up to 205.9cpl. Though it looks like it’s the start of a new price cycle and will likely spread quickly with the festive season on its way.
Current ULP average: 171.0cpl
Price range over the last week: 154.9cpl – 209.9cpl
In a similar trend to Brisbane – approx. 3% of retail locations in Sydney have put ULP prices up to 205.9cpl in the last few days.
Current ULP average: 170.4pl
Price range over the last week: 155.9cpl – 224.9cpl
No price cycle in Melbourne expected though we can expect Melbourne to follow closely in trend with both Brisbane and Sydney.
Current ULP average: 187.0cpl
Price range over the last week: 155.9cpl – 219.7cpl
New price cycle in Adelaide has taken hold with ULP prices now at 199.9cpl
Current ULP average: 166.1cpl
Price range over the last week: 152.7cpl – 199.9cpl
Looks like another weekly cycle in Perth this week, making it the fourth week in a row. We can expect prices to jump as of this coming Wednesday 15 December.
Darwin (no price cycle)
Current ULP average:180.7cpl
Price range over the last week: 172.5cpl – 189.9cpl
Prices in Darwin fell more than the wholesale drop this week and will most likely catch up on previous weeks.
Hobart (no price cycle)
Current ULP average: 189.4cpl
Price range over the last week: 174.9cpl – 199.9cpl
Hobart is ranking the highest capital this week with prices down a few cents the last week.
Retail diesel prices
Current Diesel averages:
ACT – 225.2cpl
Adelaide – 206.3cpl
Brisbane – 224.2cpl
Darwin – 227.8cpl
Hobart – 230.2cpl
Melbourne – 221.2cpl
Perth – 203.3cpl
Sydney – 217.5pl
Perth holds its place as the lowest for Diesel as most retail diesel prices fell consistently across capitals.
Wholesale petrol prices decreased this week with average TGP prices going up/going down by 2.6cpl.
Wholesale diesel prices decreased this week with average TGP prices going up/going down by 4.5cpl.
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Information is based on average price trends up to 10 am AEDT on 12 December 2022. The predictions are based on past fuel price trends and estimated forecasts, and should not be taken as a guarantee of actual or future performance. Fuel price data is aggregated from state government price reporting schemes and from WEX Australia fuel card transactions. Please note: Hobart and Darwin do not experience price cycles.
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