Sydney and Brisbane just experienced another week of record-high prices, with the new ULP price cycles reaching 224.9cpl. There was also a significant 11.6cpl increase in wholesale prices, and a lot of this is still to flow through to pump prices. Right now the rising cost of diesel is perhaps one of the less obvious factors that has an effect on our cost of living. The transport operators increase their prices to recover the additional cost, which then impacts the price of many consumer goods.
Current ULP average: 195.6cpl
Price range over the last week: 181.9cpl – 227.9cpl
Last week the new price cycle started in Brisbane, with a number of sites featuring the new peak price of 224.9cpl. However, so far only around 13% of locations have put their prices up, so the new prices have been slow to progress.
Current ULP average: 198.1cpl
Price range over the last week: 173.9cpl – 229.9cpl
Although the new peak price is 224.9cpl, you can still find many locations in Sydney with prices in the 180s. In fact, only 30% of sites have increased their prices in the latest Sydney price cycle.
Current ULP average: 214.6cpl
Price range over the last week: 170.9cpl – 240.0cpl
As is evident from the current average price, the Melbourne price cycle has advanced much further. There are, however, still a handful of locations in the 180s.
Current ULP average: 196.6cpl
Price range over the last week: 174.5cpl – 229.8cpl
The prices in Adelaide have decreased significantly from last week’s peak and the best time to buy in Adelaide will be next week before the next price increase.
Current ULP average: 190.1cpl
Price range over the last week: 184.5cpl – 215.0cpl
At the moment Perth is the cheapest capital. However, this will only last until Wednesday when we can expect the new peak prices to go to mid to high 220s.
Darwin (no price cycle)
Current ULP average: 198.1cpl
Price range over the last week: 193.5cpl – 199.9cpl
There has been almost no change in the average price in Darwin.
Hobart (no price cycle)
Current ULP average: 201.4cpl
Price range over the last week: 193.9cpl – 210.9cpl
Similar to Darwin, there has not been a lot of change in the prices in Hobart.
Retail diesel prices
Current Diesel averages:
ACT – 216.5cpl
Adelaide – 216.5cpl
Brisbane – 215.9cpl
Darwin – 212.9cpl
Hobart – 222.2cpl
Melbourne – 211.9cpl
Perth – 211.2cpl
Sydney – 212.7cpl
Due to some jumps in wholesale prices, diesel prices have risen considerably and a lot of this is still to flow through to pump prices.
Wholesale petrol prices rose this week, with average TGP prices increasing by 3.4cpl.
Wholesale diesel prices also went up this week, with average TGP prices rising by 11.6cpl.
Get the app
If you’re a WEX Motorpass account or cardholder and want to take advantage of the cheapest fuel in your area, make sure to download the WEX Motorpass Driver app.
Information is based on average price trends up to 10 am AEDT on 14 June 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.
Sign up for weekly fuel price updates
Get the fuel price insights directly to your inbox every Tuesday.