Slight disruption in regular price cycles for both Adelaide and Perth this week, whilst this is common for Adelaide not so much for Perth. It’s expected that there will be a slight shift back weekly cycles but we could see something different. We’re also likely to see a significant jump in ULP prices this week across most cities with the current average retail price slowly creeping up to the wholesale price.
Brisbane
Current ULP average: 189.2cpl
Price range over the last week: 147.9cpl – 199.9cpl
Most retailers have increased their prices over this last week, with only handful still down in the 140s and 50s.
Sydney
Current ULP average: 166.3cpl
Price range over the last week:145.6cpl – 219.9cpl
Whilst most retailers have increased their prices in the last week or so to 193.9cpl for E10, there are still some retailers with prices still in the 140s and 150s.
Melbourne
Current ULP average: 182.1pl
Price range over the last week: 143.9cpl – 214.2cpl
Despite the price jump from majority of retailers there are some isolated pockets with lower prices in Melbourne.
Adelaide
Current ULP average: 156.1cpl
Price range over the last week: 143.9cpl – 219.8cpl
Adelaide seems to be set for a mini price cycle, looking at 169.9cpl, though this has been up and down quickly over the last week.
Perth
Current ULP average: 154.6cpl
Price range over the last week: 140.7cpl – 199.9cpl
Over the last week we’ve seen some unusual pricing in the Perth Market, with the fortnightly cycle disrupted there is a significant price jump expect Wednesday.
Darwin (no price cycle)
Current ULP average: 184.6cpl
Price range over the last week: 179.5cpl – 195.9cpl
Another drop for Darwin with prices dropping approx. 7cpl.
Hobart (no price cycle)
Current ULP average: 178.8cpl
Price range over the last week: 163.9cpl – 198.9cpl
Hobart prices have continued to drop by 6cpl.
Retail diesel prices
Current Diesel averages:
ACT – 206.8cpl
Adelaide – 188.3cpl
Brisbane –199.7cpl
Darwin –207.6cpl
Hobart – 205.6cpl
Melbourne – 200.0cpl
Perth – 189.8cpl
Sydney – 189.8cpl
Another significant drop in prices across all major cities again – however this may be the end of this cycle with wholesale prices starting to pick up again from this week.
Wholesale trends
Wholesale petrol prices increased this week, with average TGP prices going dropping by 1.6cpl.
Wholesale diesel prices also increased this week, with average TGP prices dropping by 4.0cpl.
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Information is based on average price trends up to 10 am AEDT on 22 August 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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