While motorists across the country were enjoying some lower fuel prices during the past few weeks, it was very short lived. Unfortunately, pump prices are on the rise yet again mostly due to a combination of drastic wholesale price increases and new fuel price cycles occurring in many of the capitals. 

 

Brisbane

Current ULP average: 173.4cpl

Price range over the last week: 148.5cpl – 210.9cpl

Unleaded prices reach the peak of the new fuel price cycle this week in Brisbane, significantly raising the average cost to fill up.

 

Sydney

Current ULP average: 166.9cpl

Price range over the last week: 145.9cpl – 229.9cpl

Retailers across the Sydney have been slow to increase pump prices to align with the new fuel price cycle this week.

 

Melbourne

Current ULP average: 180.2cpl

Price range over the last week: 140.9cpl – 209.3pl

Melbourne has hit the peak in their current petrol price cycle, with the majority of fuel retailers setting pump prices for unleaded petrol at 189.9cpl this week.

 

Adelaide

Current ULP average: 184.1cpl

Price range over the last week: 131.9cpl – 195.6cpl

Adelaide is likely to be around 2 weeks away from hitting its next fuel price cycle, as the average cost of petrol is currently trending downwards.

 

Perth

Current ULP average: 170.4cpl

Price range over the last week: 143.7cpl – 199.9cpl

The next petrol price peak is predicted to hit next Wednesday as Perth reaches the mid-point of its current cycle.

 

Darwin

Current ULP average: 183.7cpl

Price range over the last week: 131.9cpl – 187.9cpl

Darwin experienced only a very small movement in fuel prices this week.

 

Hobart

Current ULP average: 176.1cpl

Price range over the last week: 159.9cpl -219.9cpl

The fuel excise reduction is finally impacting fuel prices in Hobart, as retailers drop pump prices significantly this week.

 

Retail diesel prices

Current Diesel averages:

ACT 197.6cpl

Adelaide193.3cpl

Brisbane 196.9cpl

Darwin -195.6cpl

Hobart 203.9cpl

Melbourne 193.4cpl

Perth 190.4cpl

Sydney 194.2cpl

 

The jump in wholesale fuel prices has continued to have an impact on the cost of diesel, which remains on the rise.

 

Wholesale trends

Wholesale petrol prices rose this week, with average TGP prices increasing by 7.7cpl.

Wholesale diesel prices also increased this week, with average TGP prices going up by 10.4cpl.

 

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 25 April 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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