This week we saw a large drop in wholesale diesel prices which seems to have translated into significant falls in pump prices for both Adelaide and Perth. With other major capitals seeing minor reductions. We’ll continue to monitor over the next week to see if there are any further reductions or jumps. But for the meantime, motorists in Perth – now is the time to fill up!
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Current ULP average: 182.0cpl
Price range over the last week: 167.9cpl – 228.9cpl
Brisbane is looking to move closer to the bottom of the price cycle over the next week with the drop of almost 10cpl in the average price last week.
Current ULP average: 182.6cpl
Price range over the last week: 167.9cpl – 214.9cpl
Sydney also saw a drop with average prices down by 11cpl.
Current ULP average: 180.1pl
Price range over the last week: 148.3cpl – 224.9cpl
Melbourne is likely to be only a week or so off from the bottom of the price cycle. Subject to how wholesale prices track within the next week we could see the first of the new price cycles within the next 7 days – stay tuned!
Current ULP average: 197.4cpl
Price range over the last week: 163.5cpl – 219.7cpl
Prices in Adelaide remain relatively high after the new price cycle last week – currently at the highest average of ULP prices of all capitals!
Current ULP average: 175.9cpl
Price range over the last week: 164.7cpl – 209.9cpl
Perth is at the bottom of the price cycle with the new price spike expected to hit this Wednesday 30 November. We could see the new peak price hit 209.9cpl again – but likely to be a few lower cents this coming fortnight.
Darwin (no price cycle)
Current ULP average:187.8cpl
Price range over the last week: 180.5cpl – 193.9cpl
Slight fall in ULP prices for Darwin.
Hobart (no price cycle)
Current ULP average: 193.4cpl
Price range over the last week: 174.9cpl – 200.2cpl
Similar to Darwin, the Hobart average price fell slightly over the course of the last week.
Retail diesel prices
Current Diesel averages:
ACT – 234.0cpl
Adelaide – 214.1cpl
Brisbane – 233.2cpl
Darwin – 239.3cpl
Hobart – 242.1cpl
Melbourne – 229.3cpl
Perth – 218.4cpl
Sydney – 229.9cpl
With diesel prices falling considerably for Adelaide and Perth this has set them apart and much lower in comparison to the other states!
Wholesale petrol prices decreased this week with average TGP prices going down by 3.1cpl.
Wholesale diesel prices decreased this week with average TGP prices going down by 8.8cpl.
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Information is based on average price trends up to 10 am AEDT on 28 November 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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