Weekly fuel report

World Crude Oil Prices
Over the previous week:

• The average crude oil price in Asia fell 1.9 cents per litre; and

• Sydney’s Terminal Gate Price for regular unleaded decreased 2.7 cents per litre to 134.7 cents per litre.

Sydney Prices
Sydney’s last price cycle lasted 24 days, 2 days shorter than the previous cycle. Today is day 18 of the current price cycle, with the average price for regular unleaded fuel in Sydney at 143.6 cents per litre (Monday morning).

Looking Ahead
Over the past week, the average Mogas price fell 3.0 cents per litre with the Australian dollar rising 2.1 cents to 72.4 cents against the US dollar. Given current market forces, average unleaded petrol prices are expected to fall to 137 cents per litre in the next 7 days.  

Average regular unleaded prices in Sydney should range between 137 cents per litre (at the low point of the current cycle) and 156 cents per litre (at the high point of the next price cycle).

The average price ranges for E10, Premium 95 and Premium 98 should be as follows*:
E10 – a low point of 135 cents per litre and a high point of 154 cents per litre.
Premium 95 – a low point of 153 cents per litre and a high point of 172 cents per litre.
Premium 98 – a low point of 159 cents per litre and a high point of 178 cents per litre.

Sydney’s current average diesel price is 162.8 cents per litre – down 0.5 cents per litre this past week.

The current average LPG price in Sydney is 86.5 cents per litre – down 0.1 cents per litre this past week.

*Forecast estimates only, we recommend using the fuel search in the my nrma app to compare fuel prices in real-time.