Good news for Motorists this week – with wholesale prices falling back to crude prices. We’re expecting to see a further reduction in the next few days which will likely mean price cycles will be pushed back for another week in Brisbane, Melbourne and Sydney! However Motorists in Adelaide, now is a good time to fill up!
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Brisbane
Current ULP average: 191.6cpl
Price range over the last week: 171.9cpl – 228.9cpl
Large drop in average price cycles this week in Brisbane – likely because of the wholesale petrol prices though we expect that it’ll be another 2 weeks before we hit the bottom of the price cycle.
Sydney
Current ULP average: 194.0cpl
Price range over the last week: 173.9cpl – 215.9cpl
Similar position for Sydney this week also!
Melbourne
Current ULP average: 190.1pl
Price range over the last week: 173.9cpl – 224.9cpl
Following suit, Melbourne is also in a similar position with price cycles likely to be another 2 weeks away.
Adelaide
Current ULP average: 172.9cpl
Price range over the last week: 167.5cpl – 210.7cpl
Adelaide is currently at the bottom of the price cycle, with the first signs of a price jump within the next few days. Looks like several retails are already posting prices for ULP at 209.9cpl. If you’re in Adelaide, now is the time to fill up.
Perth
Current ULP average: 180.4cpl
Price range over the last week: 168.7cpl – 214.9cpl
With Perth current in its fortnightly price cycle – we’re expecting this to drop down near 170cpl next Tuesday 28 November with the new pricing cycle to begin on Wednesday 29 November.
Darwin (no price cycle)
Current ULP average: 189.0cpl
Price range over the last week: 180.5cpl – 193.9cpl
No change at all for Darwin’s average price this week.
Hobart (no price cycle)
Current ULP average: 194.1cpl
Price range over the last week: 183.9cpl – 200.1cpl
A very small drop in ULP prices for Hobart.
Retail diesel prices
Current Diesel averages:
ACT – 235.2cpl
Adelaide – 225.4cpl
Brisbane – 236.0cpl
Darwin – 239.3cpl
Hobart – 243.2cpl
Melbourne – 234.5cpl
Perth – 225.6cpl
Sydney – 234.2cpl
Minor movements both up and down for diesel prices this week – Perth and Adelaide are currently sitting at the lowest.
Wholesale trends
Wholesale petrol prices decreased this week with average TGP prices going down by 5.8cpl.
Wholesale diesel prices decreased this week with average TGP prices going down by 8.3cpl.
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Information is based on average price trends up to 10 am AEDT on 21 November 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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