Unfortunately for motorists across the country petrol price cycles hit new highs as wholesale prices have continued to rise. Fuel price history shows that Perth often sets the trend for petrol price cycle peaks – 7 locations in the Perth area alone set a 196.9cpl pump price over the past week.



Current ULP average: 169.4cpl

Price range over the last week: 149.9cpl – 194.9cpl

The past week saw some Brisbane retailers heavily discount fuel prices compared to the average price for unleaded petrol, indicating that the current petrol price cycle is starting to dip.



Current ULP average: 172.3cpl

Price range over the last week: 151.5cpl – 189.9cpl

Only a very slight drop in average fuel prices across Sydney this week – possibly due to rising wholesale prices, or retailers holding off on discounting until most motorists are back on the road.



Current ULP average: 164.5cpl

Price range over the last week: 146.9cpl – 194.5cpl

The peak fuel price of 193.9cpl is being seen at more and more retailers this week, the warning signs to Melbourne motorists that it is about to enter the early stages of a new petrol price cycle.



Current ULP average: 155.6cpl

Price range over the last week: 143.9cpl – 191.9cpl

Be quick to snap up a decent petrol price now if you’re in Adelaide – a couple of retailers are already setting their pump prices for unleaded petrol at 191.9cpl, indicating the start of a new fuel price cycle.



Current ULP average: 174.7cpl

Price range over the last week: 149.7cpl – 196.9cpl

Perth motorists were stung with fuel prices of almost $2.00 per litre last week, with many retailers setting pump prices at 196.9cpl.  The bottom of the petrol price cycle is due next Tuesday, so hold off on your fill up until then if you can!



Current ULP average: 170.7cpl

Price range over the last week: 131.9cpl – 171.9cpl

Only a very slight movement in fuel prices during the past week for Darwin.


Current ULP average: 180.6cpl

Price range over the last week: 156.9cpl – 186.9cpl

A small increase in petrol prices for Hobart again this week.


Retail diesel prices

Current Diesel averages:

ACT – 171.0cpl  

Adelaide – 167.6cpl 

Brisbane 169.6cpl  

Darwin 174.6cpl 

Hobart 180.2cpl  

Melbourne 168.7cpl

Perth 168.8cpl 

Sydney 168.4cpl


As predicted, retail diesel prices have increased over the past week.


Wholesale trends

Average TGP prices jumped by 3.3cpl for wholesale petrol prices this week.

Wholesale diesel prices also increased this week, with average TGP prices rising by 2.7cpl.


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 31 January 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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