Weekly Fuel report - 3rd of June 2019
Summary 03 June 2019
World Crude Oil Prices
Over the previous week:
Sydney prices
Sydney’s last price cycle lasted 30 days, 2 days longer than the previous cycle. Today is day 18 of the current price cycle, with the average price for regular unleaded fuel in Sydney at 134.3 cents per litre (Monday afternoon).
Looking ahead
Over the past week, the average Mogas price fell 4.7 cents per litre with the Australian dollar rising 0.3 cents to 69.2 cents against the US dollar. Given current market forces, average unleaded petrol prices are expected to fall to 132 cents per litre this week.
Average regular unleaded prices in Sydney should range between 132 cents per litre (at the low point of the current cycle) and 155 cents per litre (at the high point of the new cycle).
The average price ranges for E10, Premium 95 and Premium 98 should be as follows*:
E10 - a low point of 130 cents per litre and a high point of 153 cents per litre.
Premium 95 - a low point of 146 cents per litre and a low point of 169 cents per litre.
Premium 98 - a high point of 152 cents per litre and a low point of 175 cents per litre.
Sydney’s current average diesel price is 149.5 cents per litre – down 0.5 cents per litre this past week.
The current average LPG price in Sydney is 78.9 cents per litre – down 0.1 cents this past week.
*Forecast estimates only, we recommend using the fuel search in the my nrma app to compare fuel prices in real-time.
NRMA produces a weekly fuel report to help Members be better informed on petrol prices and the fuel cycle to help with savings at the bowser. The NRMA Member exclusive my nrma app also has fuel finder functionality comparing the price of fuel in the NSW searched area.