Continued volatility in the crude oil trading market and huge increases in Singapore spot prices for both petrol and diesel has led to record breaking prices across the board, with retailers reacting accordingly. Now more than ever, motorists need to shop around as a few cents can make a huge difference in the total cost to fill up a tank.
Brisbane
Current ULP average: 217.9cpl
Price range over the last week: 173.9cpl – 223.9cpl
Sydney
Current ULP average: 215.9cpl
Price range over the last week: 171.9cpl – 230.0cpl
Melbourne
Current ULP average: 207.8cpl
Price range over the last week: 169.9cpl – 225.7cpl
Adelaide
Current ULP average: 217.5cpl
Price range over the last week: 170.6cpl – 226.8cpl
Perth
Current ULP average: 208.9cpl
Price range over the last week: 168.7cpl – 228.98cpl
Darwin
Current ULP average: 206.4cpl
Price range over the last week: 189.5cpl – 211.9cpl
Hobart
Current ULP average: 215.2cpl
Price range over the last week: 192.9cpl – 231.9cpl
Retail diesel prices
Current Diesel averages:
ACT – 223.4cpl
Adelaide – 217.8cpl
Brisbane – 221.1cpl
Darwin – 221.1cpl
Hobart – 221.6cpl
Melbourne – 217.2cpl
Perth – 217.0cpl
Sydney – 220.1cpl
Terminal Gate AUD prices increased significantly due to the rise in the Singapore spot price, causing the cost of diesel to surpass the cost of other fuels this week. Retailers were quick to react and adjusted their prices accordingly.
Wholesale trends
Wholesale petrol prices shot up this week with average TGP prices increasing significantly by 19.0cpl.
Wholesale diesel prices increased this week with average TGP prices rising by a massive 34.1cpl.
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 14 March 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.
Sign up for weekly fuel price updates
Get the fuel price insights directly to your inbox every Tuesday.