Fuel Price Update.

When are fuel prices likely to be at their lowest?

Adelaide.

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Now

Brisbane.

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Now

Melbourne.

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Now

Perth.

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Mon / Tues

Sydney.

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Now

Fuel price trends update 09 July 2024

The best buying for motorists across all capitals is now. We are set to see new price cycles in Adelaide, Brisbane, Sydney (started), and Melbourne in the coming week or so. As per Sydney, the new peak of 219.9cpl for unleaded 91 is likely to be the predominant price in these capitals before too long.

As anticipated, the latest Sydney price cycle has started with approx. 10% of locations now posting 219.9cpl for unleaded 91. We expect this to spread across the city in the coming week.

The discounting slowed considerably in Melbourne over the past 7 days, and we should now expect to see the start of the new price cycle in the coming week.

Quite surprisingly, Brisbane average prices fell by more than 10cpl over the past week, bringing it much more in line with Sydney and Melbourne now.

Adelaide prices have stayed low over the past 7 days and have represented the best value for motorists in any capital by a large margin. The next price jump is imminent, however, and should see a new spike to around 219.9cpl for unleaded 91.

Perth average prices were up approx. 2cpl on last week. We can expect the peak price this Wednesday to be around 219.9 – 223.9cpl again.

Darwin average prices dropped very slightly over the past week.

Hobart average prices also rose slightly over the past week.

Adelaide.

Current ULP average: 170.3 cpl
Price range over the last week: 161.9 cpl - 219.9 cpl
Current Diesel averages: 189.7 cpl

Brisbane.

Current ULP average: 186.4 cpl
Price range over the last week: 166.9 cpl - 221.9 cpl
Current Diesel averages: 198.6 cpl

Darwin.

Current ULP average: 184.6 cpl
Price range over the last week: 173.5 cpl - 195.9 cpl
Current Diesel averages: 189.5 cpl

Hobart.

Current ULP average: 193.8 cpl
Price range over the last week: 178.9 cpl - 201.9 cpl
Current Diesel averages: 198.7 cpl

Melbourne.

Current ULP average: 183.2 cpl
Price range over the last week: 166.9 cpl - 228.4 cpl
Current Diesel averages: 197.2 cpl

Perth.

Current ULP average: 178.4 cpl
Price range over the last week: 163.7 cpl - 223.7 cpl
Current Diesel averages: 189 cpl

Sydney.

Current ULP average: 185.5 cpl
Price range over the last week: 167.9 cpl - 235.9 cpl
Current Diesel averages: 196.5 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.