The capitals have been preparing themselves for record-breaking prices this week, with many looking forward to the prices at the bottom of the fuel price cycles.
However, drivers should note that the current prices might be the best we’re going to get for some time. If wholesale prices continue to rise, it will be hard to find ULP for less than 170cpl.
Current ULP average: 189.7cpl
Price range over the last week: 150.9cpl – 203.9cpl
Brisbane’s fuel price cycle has now peaked, with drivers having no options for cheaper fuel. As Brisbane is approaching the bottom of the cycle in about three weeks, the average price for ULP is not likely to decrease much lower than 170cpl before starting to increase again.
Current ULP average: 177.0cpl
Price range over the last week: 154.5cpl – 199.9cpl
The ULP prices in Sydney are likely to increase even further. Some sites are yet to increase their prices to what we’ve witnessed in the northern and eastern suburbs.
Current ULP average: 179.2cpl
Price range over the last week: 152.9cpl – 216.7cpl
The fuel price peak for Melbourne seems to have passed. The prices are going down, although slowly.
Current ULP average: 164.9cpl
Price range over the last week: 152.9cpl – 185.1cpl
We’re not seeing any signs of a new price cycle for Adelaide yet, but it’s likely it will take place in the next few days. The prices are likely to be in the high 190s.
Current ULP average: 180.8cpl
Price range over the last week: 159.5cpl – 199.9cpl
This week is mid-cycle for Perth, with an expected low point to be next week Tuesday, 22 February 2022.
Current ULP average: 184.0cpl
Price range over the last week: 131.9cpl – 187.9cpl
Darwin’s fuel prices are increasing again this week.
Current ULP average: 184.3cpl
Price range over the last week: 156.9cpl – 189.9cpl
Hobart’s prices experienced a similar increase to last week.
Retail diesel prices
Current Diesel averages:
ACT – 179.8cpl
Adelaide – 176.7cpl
Brisbane – 178.7cpl
Darwin – 184.3cpl
Hobart – 185.0cpl
Melbourne – 177.6cpl
Perth – 176.2cpl
Sydney – 176.8cpl
There’s been another increase in diesel prices in all capitals this week.
Another climb in wholesale petrol prices this week, with average TGP prices rising by 2.1cpl.
Wholesale diesel prices rose again this week, with average TGP prices increasing by 2.1cpl.
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Information is based on average price trends up to 10 am AEDT on 14 February 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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