Fuel Price Update.

When are fuel prices likely to be at their lowest?

Adelaide.

Fill Up

Now

Brisbane.

Fill up in

4

weeks

Melbourne.

Fill up in

4

weeks

Perth.

Fill Up

Mon / Tues

Sydney.

Fill up in

3

weeks

Fuel price trends update 23 April 2024

It will be another week before we know if we have hit a new national weekly price average record for petrol. The only saving grace may have been the fact that there was no price cycle in Adelaide last week.

The peak has passed for Sydney, and now we are starting to see prices come down in most suburbs (albeit slowly for now). We can expect a more rapid fall in the coming two weeks.

The Melbourne price cycle is now in full swing and is expected to peak in the coming few days. Most service stations in the city are now selling unleaded 91 for 235.9cpl.

Brisbane is nearing the peak of the latest price cycle, with almost all locations in the city posting 235.9cpl for unleaded 91.

Adelaide motorists are the winners from the past week – no price cycle yet. It must be imminent, though, as retailers have been operating on very minimal margins for some time now.

Perth average prices rose again in the past week (2.8cpl). Expect this Wednesday’s peak price for unleaded 91 to be approximately 235.9cpl.

Darwin average prices rose slightly over the past week.

Hobart was similar to Darwin with a small rise in average prices.

Adelaide.

Current ULP average: 184.7 cpl
Price range over the last week: 175.5 cpl - 219.9 cpl
Current Diesel averages: 198.8 cpl

Brisbane.

Current ULP average: 228.9 cpl
Price range over the last week: 174.9 cpl - 237.9 cpl
Current Diesel averages: 203.1 cpl

Darwin.

Current ULP average: 195.7 cpl
Price range over the last week: 181.5 cpl - 201 cpl
Current Diesel averages: 200.1 cpl

Hobart.

Current ULP average: 204.6 cpl
Price range over the last week: 189.9 cpl - 209.9 cpl
Current Diesel averages: 210.2 cpl

Melbourne.

Current ULP average: 215.2 cpl
Price range over the last week: 176.9 cpl - 237.3 cpl
Current Diesel averages: 203.1 cpl

Perth.

Current ULP average: 188.3 cpl
Price range over the last week: 174.7 cpl - 229.9 cpl
Current Diesel averages: 197.7 cpl

Sydney.

Current ULP average: 217.7 cpl
Price range over the last week: 180.9 cpl - 237.9 cpl
Current Diesel averages: 203.2 cpl

Information provided by WEX Inc and based on average price trends up to the day prior to publication. 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.