Weekly Fuel report - 13th of May 2019
Summary 13 May 2019
World Crude Oil Prices
Over the previous week:
Sydney prices
Sydney’s last price cycle lasted 28 days, same duration as the previous cycle. Today is day 27 of the current price cycle, with the average price for regular unleaded fuel in Sydney at 145.2 cents per litre (Monday morning).
Looking ahead
Over the past week, the average Mogas price rose 3.4 cent per litre with the Australian dollar stable at 70.0 cents against the US dollar. Given current market forces, average unleaded petrol prices are expected to rise to 158 cents per litre this week.
Average regular unleaded prices in Sydney should range between 158 cents per litre (at the high point of the new cycle) and 134 cents per litre (at the low point of the new cycle).
The average price ranges for E10, Premium 95 and Premium 98 should be as follows*:
E10 - a high point of 156 cents per litre and a low point of 132 cents per litre.
Premium 95 - a high point of 174 cents per litre and a low point of 150 cents per litre.
Premium 98 - a high point of 180 cents per litre and a low point of 156 cents per litre.
Sydney’s current average diesel price is 150.0 cents per litre – up 0.1 cents per litre this past week.
The current average LPG price in Sydney is 78.9 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.