Fuel Price Update.

When are fuel prices likely to be at their lowest?

Adelaide.

Fill Up

Now

Brisbane.

Fill up in

3

weeks

Melbourne.

Fill up in

2

weeks

Perth.

Fill Up

Mon / Tues

Sydney.

Fill up in

1

week

Fuel price trends update 28 November 2023

Diesel pump price reductions are finally starting to come through as a result of wholesale price drops in the previous weeks. This is good news for consumers and businesses. We are also getting closer to the bottom of the petrol price cycle in Sydney and Melbourne.

Sydney’s average fell again by approximately 10cpl in the past week – bringing much-needed relief to motorists.

Melbourne saw an even larger fall with the average coming down by approximately 11.5cpl. Great news for motorists there.

Brisbane has now passed the peak of the price cycle, and we should see prices start to fall considerably over the next four weeks. It’s currently the highest-priced capital by a gap of around 18cpl.

Adelaide currently has the lowest petrol prices – however, motorists there should brace for another price spike in the coming week.

Perth prices dropped approximately 3cpl vs this time last week – pretty well in line with wholesale price drops.

A more significant fall in the average price for Darwin this week – 4.1cpl.

Hobart prices fell slightly over the past week with the average coming down by 2.8cpl.

Adelaide.

Current ULP average: 175.4 cpl
Price range over the last week: 163.9 cpl - 219.9 cpl
Current Diesel averages: 196.7 cpl

Brisbane.

Current ULP average: 212.9 cpl
Price range over the last week: 171.9 cpl - 226.9 cpl
Current Diesel averages: 210.3 cpl

Darwin.

Current ULP average: 194.8 cpl
Price range over the last week: 182.5 cpl - 210 cpl
Current Diesel averages: 205 cpl

Hobart.

Current ULP average: 191.0 cpl
Price range over the last week: 178.9 cpl - 203.9 cpl
Current Diesel averages: 215.1 cpl

Melbourne.

Current ULP average: 194.9 cpl
Price range over the last week: 176.9 cpl - 222 cpl
Current Diesel averages: 208.2 cpl

Perth.

Current ULP average: 179.3 cpl
Price range over the last week: 169.7 cpl - 223.9 cpl
Current Diesel averages: 203.9 cpl

Sydney.

Current ULP average: 188.1 cpl
Price range over the last week: 166.9 cpl - 221.9 cpl
Current Diesel averages: 208.8 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.