With the Easter break around the corner, we can expect retailers to put prices up especially in Brisbane. With 10 days to go – this may not be favourable to these retailers however the last price cycle was well over 6 weeks ago so it’s likely there is a change coming.
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Brisbane
Current ULP average: 180.1c/l
Price range over the last week: 167.9c/l – 216.9c/l
No sign of the new price cycle in Brisbane yet. The question is now whether we will see one before the Easter break.
Sydney
Current ULP average: 198.1c/l
Price range over the last week: 162.9c/l – 213.9c/l
The Sydney price cycle has continued to grow with more than 50% of locations now putting prices up. The peak price here for unleaded 91 is 211.9c/l.
Melbourne
Current ULP average: = 178.8c/l
Price range over the last week: 161.9c/l – 205.0c/l
Melbourne has started to show signs of a new price cycle at 9c/l for unleaded 91. Only around 10% of retailers have put their prices up to this new peak price so far.
Adelaide
Current ULP average: 170.3c/l
Price range over the last week: 159.9c/l – 198.0c/l
Adelaide unleaded 91 prices are moving up to 9c/l in the latest price cycle there.
Perth
Current ULP average: 172.1c/l
Price range over the last week: 159.9c/l – 203.9c/l
Perth will become the lowest priced capital tomorrow as prices fall further before the next cycle on Wednesday. Expect to see a peak around 203.9c/l again.
Darwin (no price cycle)
Current ULP average: 179.5c/l
Price range over the last week: 173.5c/l– 181.9c/l
No change for Darwin in the past week.
Hobart (no price cycle)
Current ULP average: = 188.6c/l
Price range over the last week: 179.9c/l – 196.0c/l
Hobart prices dropped slightly in the past week.
Retail diesel prices
Current Diesel averages:
ACT – 206.5c/l
Adelaide – 189.1c/l
Brisbane – 197.5c/l
Darwin – 210.2c/l
Hobart – 207.5c/l
Melbourne – 197.2c/l
Perth – 187.5c/l
Sydney – 198.7c/l
Retail diesel prices fell slightly across several capitals in the past week.
Wholesale trends
Wholesale petrol prices decreased this week with average TGP prices going down by 3.9c/l.
Wholesale diesel prices decreased this week with average TGP prices going down by 4.0c/l.
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Information is based on average price trends up to 10 am AEDT on 27 March 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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