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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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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