Although there has been some significant jumps and drops over the last few months causing regular price cycles to be disrupted in major capitals, it look like this is benefitting motorists who are willing to shop around. One of the most common features in the retail fuel marketing at the moment is volatility – this week however Adelaide and Perth seem to be right in the midst of their price cycles. So, now would be the time to fill up! Whilst motorists in Brisbane, Melbourne and Sydney you’ll need to wait another 2 weeks.
Current ULP average: 168.3cpl
Price range over the last week: 153.9cpl – 199.9cpl
Brisbane’s average prices fell by 10cpl over the last week – however they are about a week away from the bottom of the price cycle.
Current ULP average: 166.2cpl
Price range over the last week: 147.6cpl – 205.9cpl
Sydney saw a significant drop in average prices dropping by at least 15cpl. This is likely the result of some independent retails continuing to keep their prices low during the last price spike. Retailers who did increase ULP prices quick reduced their process again to avoid losing out on volume.
Current ULP average: 168.2cpl
Price range over the last week: 144.9cpl – 202.0cpl
Melbourne saw a quick drop in process to 10cpl for the week. No sign of any movement as yet.
Current ULP average: 156.6cpl
Price range over the last week: 142.9cpl – 221.7cpl”
Now is the time if you’re in Adelaide to fill up, with the price cycle being at the bottom despite the sharp jump to 199.9cpl for UP last week.
Current ULP average: 158.6cpl
Price range over the last week: 148.7cpl – 199.9cpl
Perth prices continue to drop over the week – with a jump in prices expected this Wednesday. ULP prices are expected to be in the 190s again.
Darwin (no price cycle)
Current ULP average:182.6cpl
Price range over the last week: 177.5cpl – 185.7cpl
No significant change for Darwin this week.
Hobart (no price cycle)
Current ULP average: 175.7cpl
Price range over the last week: 163.9cpl – 198.0cpl
Little movement for average prices in Hobart this week.
Retail diesel prices
Current Diesel averages:
ACT – 211.6cpl
Brisbane – 205.3cpl
Darwin – 208.9cpl
Hobart – 210.5cpl
Melbourne – 205.1cpl
Perth – 201.8cpl
Sydney – 208.0cpl
Slight increases in diesel prices this week – mainly due the huge jump in wholesale prices.
Wholesale petrol prices increased this week, with average TGP prices going dropping by 4.9cpl.
Wholesale diesel prices also increased this week, with average TGP prices dropping by 14.4cpl.
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Information is based on average price trends up to 10 am AEDT on 5 September 2022.
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