Brisbane, Melbourne and Sydney are now at the beginning their price cycles this week. Motorists will have some relief with wholesale prices dropping discouraging retailers from increasing prices unlike what we have seen over the last 3-4 weeks. Whether you are in Adelaide, Sydney or Melbourne now is the time to fill up across the country with all states.
Current ULP average: 169.9cpl
Price range over the last week: 149.5cpl – 239.9cpl
With a new peak of ULP prices of 195.9cpl across Brisbane looks like average prices are on their way up now.
Current ULP average: 166.3cpl
Price range over the last week:145.6cpl – 219.9cpl
Similar to Brisbane, Sydney’s average ULP prices are starting to increase to 195.9cpl
Current ULP average: 162.9cpl
Price range over the last week: 143.9cpl – 211.5cpl
Melbourne is following closely with the peak price of 195.9cpl – however the increase has been much slower however with recent increases to wholesale prices it’s predicted that this may speed the spread across the major state.
Current ULP average: 153.8cpl
Price range over the last week: 137.9cpl – 220.3cpl
With Adelaide in its early stages of a new price cycle it’s predicted that a handful of retails will be moving to a new peak ULP price of 194.9cpl.
Current ULP average:160.2cpl
Price range over the last week: 145.7cpl – 199.9cpl
It’s predicted that Perth will be heading back into a weekly cycle again – although prices have up and down over the last 3 weeks we’ve seen significant changes from Wednesday-Tuesday respectively. The good news is now is the time for motorists to fill up!
Darwin (no price cycle)
Current ULP average: 192.0cpl
Price range over the last week: 186.5cpl – 199.9cpl
Slight drop again for Darwin this week.
Hobart (no price cycle)
Current ULP average: 184.4cpl
Price range over the last week: 168.9cpl – 202.9cpl
Hobart prices have continued to drop again this week as well.
Retail diesel prices
Current Diesel averages:
ACT – 210.5cpl
Adelaide – 195.3cpl
Brisbane – 205.3cpl
Darwin – 218.7cpl
Hobart – 212.0cpl
Melbourne – 204.3cpl
Perth – 194.4cpl,
Sydney – 201.4cpl
With Perth maintaining the cheapest state against the other capitals, this week we saw a large drop in diesel prices across all states this week, especially in Adelaide and Perth.
Wholesale petrol prices decreased this week, with average TGP prices going dropping by 7.2cpl.
Wholesale diesel prices also decreased this week, with average TGP prices dropping by 8.5cpl.
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Information is based on average price trends up to 10 am AEDT on 15 August 2022.
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