We are approaching week 7 since the last price cycle for Sydney – indicating the change in nature of retail petrol in today’s market. With many retailers competing for more available volume. An obvious indication of this is the slow increase in price peaks as some retailers are continuing to stay low until the very last minute before the price cycle. This is great news for drivers looking to shop around.

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Current ULP average: 188.1cpl

Price range over the last week: 169.9cpl – 228.9cpl

The price cycle in Brisbane has slowed down significantly over the past week, however it’s no longer the highest capital thanks to Adelaide. 


Current ULP average: 177.6cpl

Price range over the last week: 163.5cpl – 211.9cpl

Average prices have fallen by approximately 2cpl over the last week, this could be likely due to the wholesale prices. 


Current ULP average: = 182.5cpl

Price range over the last week: 166.9cpl – 210.3cpl

Melbourne is approximately a week behind Sydney when it comes to the price cycle, it’s likely to be another week before we do see the bottom of the cycle here.


Current ULP average: 195.0cpl

Price range over the last week: 161.9cpl – 209.4cpl

A new price cycle started for Adelaide this week with peak prices at 204.9cpl. It’s likely most retailers are posting prices in the 190s for unleaded 91.


Current ULP average: 172.9cpl

Price range over the last week: 172.9cpl – 205.9cpl

The peak price for unleaded 91 as slightly lower at 205.9cpl this week, however with wholesale prices we could see it back up to 209.9cpl this coming Wednesday.

Darwin (no price cycle)

Current ULP average: 179.6cpl

Price range over the last week: 173.5cpl – 183.9cpl

Another slow change for Darwin.

Hobart (no price cycle)

Current ULP average: = 188.4cpl

Price range over the last week: 177.7cpl – 195.9cpl

Hobart’s unleaded 91 prices increased slightly over the week.

Retail diesel prices

Current Diesel averages:

ACT – 207.8cpl

Adelaide –192.4cpl

Brisbane – 200.0cpl

Darwin – 210.2cpl

Hobart –209.6cpl

Melbourne – 198.6cpl

Perth – 188.4cpl

Sydney – 199.2cpl

A slight increase in retail diesel prices in some capitals last week.

Wholesale trends

Wholesale petrol prices increased this week with average TGP prices going up by 3.0cpl.

Wholesale diesel prices increased this week with average TGP prices going up by 1.6cpl.

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Information is based on average price trends up to 10 am AEDT on 13 March 2023. 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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