Weekly Fuel report - 11th of March 2019

World Crude Oil Prices

Over the previous week:

* The average crude oil price in the Asian market rose 0.6 cents per litre and

* Sydney's Terminal Gate Price for regular unleaded rose 1 cent per litre to 105.9 cents per litre.

Looking Ahead

Over the past week, the average Mogas price fell 0.7 cents per litre with the Australian dollar falling 1 cent to 69.1 against the US dollar. The average regular unleaded price fell 2.3 cents per litre last week and should fall to 202 cents per litre over the next 2-3 weeks.

Average regular unleaded prices in Sydney should range between 219 cents per litre (at the high point of the current cycle) and 202 cents per litre (at the low point of the cycle).

The average price ranges for E10, Premium 95 and Premium 98 should be as follows:

E10 – a high point of 217 cents per litre and a low point of 200 cents per litre.
Premium 95 – a high point of 235 cents per litre and a low point of 218 cents per litre.
Premium 98  – a high point of 241 cents per litre and a low point of 224 cents per litre.

Sydney's current average diesel price is 233.0 cents per litre – up 10.1 cents per litre this past week.

The current average LPG price in Sydney is 101.6 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.

The 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 searched area.