Diesel prices have continued to fall but most capitals won’t see the same reduction at the pump price. The price gap between both Perth and Adelaide in comparison to other states is close to 20cpl. The good news this week for Motorists with all states currently at the bottom of the price cycle, now is a good time to take advantage and fill up!
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Brisbane
Current ULP average: 173.4cpl
Price range over the last week: 165.5cpl – 228.9cpl
Prices dropped over the last week in Brisbane and likely to continue to Brisbane is currently at the bottom of the price cycle. We’ll likely see a jump within the next week or so.
Sydney
Current ULP average: 174.3cpl
Price range over the last week: 156.9cpl – 214.9cpl
Similar to Brisbane, Sydney is also close to the bottom of the price cycle and we expect to see new price cycles within the coming week.
Melbourne
Current ULP average: 174.4cpl
Price range over the last week: 158.9cpl – 224.9cpl
Melbourne will likely be the first capital to hit the price cycle at the end of the week. Most retailers have already started to life prices before doing the same in Brisbane and Sydney. Though, good news is now is a great time to fill up if you’re in Melbourne!
Adelaide
Current ULP average: 169.8cpl
Price range over the last week: 161.5cpl – 219.7cpl
Adelaide is sitting at the bottom of the price cycle and also taking out the state with the lower price this week.
Perth
Current ULP average: 171.8cpl
Price range over the last week: 161.3cpl – 209.9cpl
Prices in Perth have also fallen after the price spike last Wednesday. We will likely see a re-emergence of a weekly cycle here – we’ll keep an eye out and keep you up-to-date!
Darwin (no price cycle)
Current ULP average: 185.4cpl
Price range over the last week: 179.5cpl – 189.9cpl
A small drop in prices for Darwin over the last week.
Hobart (no price cycle)
Current ULP average: 192.3cpl
Price range over the last week: 178.9cpl – 200.1cpl
Hobart saw a small drop in prices over the past week.
Retail diesel prices
Current Diesel averages:
ACT – 230.3cpl
Adelaide – 207.7cpl
Brisbane – 228.7cpl
Darwin – 234.8cpl
Hobart – 236.8cpl
Melbourne – 225.3cpl
Perth – 210.7cpl
Sydney – 223.8cpl
With diesel prices falling considerably for Adelaide and Perth this has set them apart and much lower in comparison to the other states!
Wholesale trends
Wholesale petrol prices increased/decreased this week with average TGP prices going up/going down by 5.1cpl.
Wholesale diesel prices increased/decreased this week with average TGP prices going up/going down by 6.9cpl.
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Information is based on average price trends up to 10 am AEDT on 5 December 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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