With petrol price cycles in full swing in across most capital cities and expect to see prices in Adelaide to spike as well, we are going to see a real peak in national average petrol prices. Depending on the timing of this, it could feature heavily in cost of living measures over the coming weeks.
Current ULP average: 200.5cpl
Price range over the last week: 161.9cpl – 219.9cpl
The majority of locations in Brisbane have now increased prices with the predominant price for unleaded 91 now 207.9cpl.
Current ULP average: 198.0cpl
Price range over the last week: 155.9cpl – 209.9cpl
A significant portion of Sydney retail locations have moved prices up in this latest price cycle. The peak price for E10 is 205.9cpl, which is now the predominant price in most suburbs.
Current ULP average: 202.9cpl
Price range over the last week: 159.9cpl – 214.5cpl
Melbourne is tracking in a similar way to Brisbane and Sydney at 11% of locations to have moved prices up to 207.9cpl for unleaded 91.
Current ULP average: 168.2cpl
Price range over the last week: 155.5cpl – 197.9cpl
Adelaide is by far the lowest priced capital right now. This might not last much longer though as the new price cycle could be on its way any day now. The first signs of this are evident, with several locations now putting prices up to 199.9cpl for unleaded 91.
Current ULP average: 170.3cpl
Price range over the last week: 157.3cpl – 209.5cpl
Perth’s average price is a couple of cents higher than last week. We can expect to see Wednesday’s peak price hit somewhere around 9cpl again this coming week.
Current ULP average: 181.5cpl
Price range over the last week: 175.5cpl – 183.9cpl
No changes for Darwin again this week.
Current ULP average: 181.5cpl
Price range over the last week: 171.9cpl – 192.9cpl
A very small increase for Hobart in the past week.
Retail diesel prices
Current Diesel averages:
ACT – 195.4cpl
Adelaide – 175.0cpl
Brisbane – 186.5cpl
Darwin – 203.2cpl
Hobart – 189.1cpl
Melbourne – 184.3cpl
Perth – 176.2cpl
Sydney – 183.9cpl
A mixed bag for retail diesel prices in the capitals – some small movements both up and down.
Wholesale petrol prices decreased this week with average TGP prices going down by 0.3cpl.
Wholesale diesel prices decreased this week with average TGP prices going down by 0.4cpl.
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Information is based on average price trends up to 10 am AEDT on 5 June 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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