This week we’re seeing a relatively stable price cycle for wholesale prices compared to the last few weeks. Making price cycle effects in most major capital cities more pronounced. With Adelaide being the best city for prices – this is the perfect opportunity for motorists to fill up!

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Brisbane

Current ULP average: 192.9cpl

Price range over the last week: 165.9cpl – 228.9cpl

Similar to last week Brisbane maintains its position as the highest priced capital again this week.

Sydney

Current ULP average: 179.7cpl

Price range over the last week: 161.5cpl – 211.9cpl

Significant drop in prices for Sydney as it approaches the bottom of the price cycle – over the coming week or so will be the right time for motorists to fill up before the next price spike!

Melbourne

Current ULP average: = 186.7cpl

Price range over the last week: 166.9cpl – 210.1cpl

Average prices in Melbourne fell again with the discount phase of the price cycle – however at a slower rate than Sydney. Expect another twos before another price cycle hits.

Adelaide

Current ULP average: 168.2ccpl

Price range over the last week: 156.9cpl – 180.0cpl

Adelaide has been sitting at the bottom of the price cycle for a week or so now – we expect to see a slight price spike in the coming days.

Perth

Current ULP average: 170.5cpl

Price range over the last week: 159.7cpl – 209.7cpl

We expect to see a very similar week for Perth with price spikes due to hit around Wednesday. It’s likely this will sit around 209.9cpl for unleaded 91.

Darwin (no price cycle)

Current ULP average: 179.7cpl

Price range over the last week: 173.5cpl – 183.9cpl

Very little changes for Darwin over the last week.

Hobart (no price cycle)

Current ULP average: = 186.3cpl

Price range over the last week: 173.9cpl – 194.1cpl

Similar to Darwin, very little change for Hobart also.

Retail diesel prices

Current Diesel averages:

ACT – 208.3cpl

Adelaide –190.2cpl

Brisbane – 200.0cpl

Darwin – 210.2cpl

Hobart –209.2cpl

Melbourne – 198.0cpl

Perth – 186.9cpl

Sydney – 198.8cpl

Slight decrease for retail diesel prices across the capitals – Perth is currently the lowest priced capital for diesel this week.

Wholesale trends

Wholesale petrol prices increased this week with average TGP prices going up by 2.1cpl.

Wholesale diesel prices increased this week with average TGP prices going up by 3.9cpl.

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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 6 March 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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