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Weekly Fuel report - 5th of August 2019


Summary 05 August 2019

  • Sydney: Average regular unleaded price is 128.7 cpl.
  • Regional NSW: Unleaded prices fell 0.5 cpl, while diesel prices were stable this past week.
  • Always compare real-time prices in your area with the my nrma app.

    • World Crude Oil Prices
    Over the previous week:

  • The average crude oil price rose 1.1 cents per litre; and
  • Sydney's terminal gate price for regular unleaded increased 1.3 cents per litre to 130.0 cents per litre.

    • Sydney prices
    Sydney’s last price cycle lasted 28 days, 4 days shorter than the previous cycle. Today is day 21 of the price cycle, with the average price for regular unleaded fuel in Sydney at 128.7 cents per litre (Monday morning).

    Looking ahead
    Over the past week, the average Mogas price rose 0.8 cent per litre with the Australian dollar falling 1.3 cents to 68.1 cents against the US dollar. Given current market forces, and with prices at the bottom of the price cycle and wholesale cost, average unleaded petrol prices are expected to rise to at 153 cents per litre in the coming week.

    Average regular unleaded prices in Sydney should range between 129 cents per litre (at the low point of the current cycle) and 153 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 127 cents per litre and a high point of 151 cents per litre.
    Premium 95 - a low point of 144 cents per litre and a high point of 169 cents per litre.
    Premium 98 - a low point of 150 cents per litre and a high point of 175 cents per litre.

    Sydney’s current average diesel price is 146.3 cents per litre – down 0.1 cents per litre this past week.

    The current average LPG price in Sydney is 77.2 cents per litre – stable 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.