Diesel was in higher demand globally again this week, causing wholesale prices to push up while petrol wholesale prices eased very slightly. Overall however, there has been relative stability in wholesale prices and global spot prices for both petrol and diesel in the past months. During periods like this, we tend to see prices in regional areas remain stable, whereas capital cities remain volatile due to petrol price cycles.


Current ULP average: 176.6cpl

Price range over the last week: 162.7cpl – 210.9cpl

Quite a substantial fall in average prices for Brisbane over the past week. Given recent trends, 9cpl is a large drop in 7 days.


Current ULP average: 175.1cpl

Price range over the last week: 160.7cpl – 207.9cpl

Sydney was similar to Brisbane, with average prices falling substantially last week.


Current ULP average: 177.5cpl

Price range over the last week: 165.9cpl – 206.9cpl

Melbourne followed a similar trend to both Brisbane and Sydney, but remains the highest of the east coast capitals for now.


Current ULP average: 185.8cpl

Price range over the last week: 167.4cpl – 197.1cpl

Adelaide is over the peak price now and on the way back down to the bottom of the price cycle. We expect to see signs of the new price cycle within the coming week.


Current ULP average: 168.2cpl

Price range over the last week: 158.7cpl – 205.9cpl

Perth average prices fell very slightly compared to last week. We can expect to see Wednesday’s peak prices somewhere around 205.9cpl again.


Current ULP average: 176.8cpl

Price range over the last week: 172.5cpl – 181.9cpl

Darwin prices dropped slightly in the past week.


Current ULP average: 182.1cpl

Price range over the last week: 168.9cpl – 189.0cpl

Hobart prices rose slightly in the past week.

Retail diesel prices

Current Diesel averages:

ACT – 195.2cpl

Adelaide – 173.6cpl

Brisbane – 183.7cpl

Darwin – 199.1cpl

Hobart – 187.2cpl

Melbourne – 182.1cpl

Perth – 174.5cpl

Sydney – 182.1cpl

Some very slight moves in retail diesel prices last week, some up and some down. Overall the move was slightly down.

Wholesale trends

Wholesale petrol prices decreased this week with average TGP prices going down by 0.4cpl.

Wholesale diesel prices decreased this week with average TGP prices going down by 1.9cpl.

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Information is based on average price trends up to 10 am AEDT on 26 June 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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