Top 10 Cheapest Places To Buy Petrol And Diesel In Australia. Photo: knowinsiders.
Cheapest Places To Buy Petrol And Diesel In Australia. Photo: knowinsiders.
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What are the fuel prices in Australia?

The price of petrol and diesel has skyrocketed in recent weeks, with retailers blaming record oil prices and compromised supply chains. While it's unclear if these reasons tell the full story, the bottom line is consumers are feeling the pinch at the bowser – and there are no signs so far of reprieve.

A portion of what motorists pay at the pump goes to the government in the form of two taxes: fuel excise, and goods and services tax (GST). Fuel excise goes to the federal government and is paid at a flat rate. For petrol and diesel that rate is usually 44.2 cents per litre, but from 30 March – 28 September 2022 it will be down to 22.1, half the usual rate.

Treasurer Josh Frydenberg announced these tax cuts as part of the 2022-23 budget, to provide temporary relief for motorists, as lighthouse.mq.edu.au reported.

Once the excise cuts lift in September these rates should return to about 30-40 per cent of total prices. These percentages will inevitably vary, though, as fuel prices fluctuate – particularly petrol.GST is an additional 10 per cent applied after everything else is added up. Combined, these taxes make up a portion of overall fuel price. Generally, the higher the price of fuel, the lower percentage of that price is taxes. A petrol or diesel price of $1.40 per litre would be 24.9 per cent tax, whereas a price of $2.10 would be only 19.6 per cent tax.

TGP ULP (National Average) Cents per litre (A$)
Average: Last Week (to Friday 03/06/22) 189.3
Average: Previous Week (to Friday 27/05/22) 189.7
Average: Last 4 Weeks 185.2
Average: Last 12 Weeks 174.7

Australia consumes about 1 million barrels of petrol and diesel a day – equivalent to about 160 million litres. This fuel reaches Australian petrol pumps by way of a complex international supply chain.

Fifty per cent of what motorists pay at the pump is what’s known as the international price – that is, the price at which Australian wholesalers buy the fuel on the international market.

Singapore, South Korea, Japan and Malaysia are Australia’s biggest petrol providers. Most of our diesel comes from Singapore and South Korea. However, supply from Singapore has fallen significantly. Their diesel is heading to California in 2022.

Top 10 Cheapest Places To Buy Petrol And Diesel In Australia
Photo: Bloomberg.

War - What is it good for?

Australia’s enormous reliance on fuel imports leaves it highly vulnerable to volatile international fuel markets. The first four months of 2022 have demonstrated this, with Russia’s invasion of the Ukraine causing a surge in fuel prices. Russia produces 11 per cent of the world’s oil, making it the third biggest producer after the US and Saudi Arabia.

The US and Canada have sanctioned all oil, coal and gas from Russia. But some Russian diesel still flows through the US ports. Because the global oil market is so interconnected this strain on supply has hiked up the prices for crude oil everywhere, even in the Asia Pacific. This in turn has hiked up the costs of petrol and diesel.

This would significantly worsen if the European Union also sanctioned Russian oil, but don’t hold your breath. Europe imports more than half of Russia’s crude oil, but that co-dependency means dire consequences for the EU if they turn off the tap.

Australian refineries have also promised to stop buying Russian crude oil. However, this will have minimal effect on domestic retail prices. What has and will continue to have an effect is the behaviour of oil traders. What traders will often do is buy speculatively – that is, taking a punt at what the oil prices are likely to be in a few months’ time.

They’ve been buying up crude oil and fuel at elevated prices in the hope that prolonged sanctions will allow them to sell at a profit in coming months. Meanwhile others are shorting the oil, or betting on the oil price going down. This has elevated the international price of crude oil, petrol and diesel, which in turn has driven up retail prices.

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List of cheapest places to buy petrol and diesel in Australia

1. Adelaide

2. Perth (WA)

3. Sydney (NSW)

4. Darwin (NT)

5. Melbourne (VIC)

6. Brisbane (QLD)

7. Canberra (ACT)

8. Hobart (TAS)

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What are the cheapest places to buy petrol and diesel in Australia?

Most Australian motorists fill their cars up with petrol and some with diesel. Petrol, or gasoline, is Australia’s most common fuel, used in 72 per cent of all road vehicles. Diesel is the second biggest seller, powering 26 per cent of road vehicles.

Most passenger vehicles – cars, motorbikes and utes – run on petrol, whereas most large vehicles such as buses, vans and big commercial trucks drink diesel; 85 per cent of farming equipment also uses diesel.

1. Adelaide: $2.15/L

Today's average fuel price for ULP 91 in Adelaide is $2.15 per litre, that is 8 cents more than yesterday with prices on the rise, this is the start of a new pricing cycle. Shop around or give it a few days as prices may have already peaked

-On The Run Adelaide: Unleaded 224.9, U95 239.9, U98 247.9, Diesel 209.9, LPG 99.9;

-Silver's Auto Centre: Unleaded 215.9, U98 235.9, Diesel 199.9;

-Coles Express West Terrace: Unleaded 224.9, U95 241.9, U98 247.9, Diesel 211.9;

-BP On The Run West Terrace: Unleaded 224.9, U95 239.9, U98 247.9, P Diesel 211.9, LPG 99.9;

-United Petroleum Elizabeth South, 182.9

-Caltex Woolworths Elizabeth, 224.9

-Costco Kilburn, 182.7

-X Convenience Hindmarsh, 224.9

-United Pooraka, 185.5

-X Convenience Welland, 183.5

-United Flinders Park, 183.5

-United Pennington, 185.9

-United Rosewater, 183.9

-Ampol AMPM Elizabeth, 224.9

-OTR Elizabeth, 183.9

-X Convenience 46 Philip Highway, 182.9

2. Perth (WA): $2.01/L

Today's average fuel price for ULP 91 in Perth is $2.01 per litre, that is 1 cent less than yesterday with prices starting to come down since peaking 5 days ago at $2.09.

The peak of the last pricing cycle 5 days ago (5 days ago) on a Wednesday reached $2.09 per litre; 8 cents more per litre than today's current price of $2.01.

-Ampol Foodary East Perth: Unleaded 201.9, U95 215.9, U98 223.9, P Diesel 209.9;

-Coles Express Perth: Unleaded 204.9, U95 217.9, U98 227.9, Diesel 205.9;

Vibe Kwinana in Kwinana Beach, 184.5

-Puma Kwinana OPT in Kwinana Beach, 184.5

-Atlas Fuel Kwinana in Kwinana Beach, 184.5

-FastFuel 24/7 in Forrestfield, 187.9

-Caltex Welshpool, 219.9

-United Swanbourne, 211.9

-Mundijong Store & Deli, 210.0

-Caltex Rous Head in North Fremantle, 209.9

3. Sydney (NSW): $1.94/L

Top 10 Cheapest Places To Buy Petrol And Diesel In Australia
Petrol prices have surged due to sanctions against Russia, but the Australian government says its ban on oil imports will not risk fuel security. Photograph: Diego Fedele/AAP

Today's average fuel price for ULP 91 in Sydney is $1.94 per litre, that is 1 cent less than yesterday with prices continuing to come down since peaking 2 weeks ago at $2.07.

According to fuelprice.io, you'd be saving around $6.50 if you were to pump 50 litres of Standard unleaded petrol (ULP 91) today compared to the last peak back on 21 May.

The peak of the last pricing cycle 2 weeks ago (16 days ago) on a Saturday reached $2.07 per litre; 13 cents more per litre than today's current price of $1.94.

-Speedway Ingleburn (13/3 Lancester St, Ingleburn NSW 2565, Ingleburn, 2565), 177.9

-Metro Petroleum Macquarie Fields (2 ATCHISON RD, MACQUARIE FIELDS NSW 2564), 177.9

-Caltex Woolworths Ingleburn (12-14 Norfolk Street, Ingleburn NSW 2565, Ingleburn, 2565), 179.8

-7-Eleven Ingleburn (63 Oxford & Cumberland Streets, Ingleburn NSW 2565, Ingleburn, Campbelltown, 2565 NSW), 179.8

-BP Edgecliff (67 New South Head Rd, EDGECLIFF NSW 2027, Edgecliff, 2027), 219.9

-Coles Express Casula (629-631 Hume Highway, CASULA NSW 2170, Casula, 2170), 215.9

-BP Shop Crossroads in Casula (615-617 Hume Hwy, CASULA NSW 2170, Casula, 2170), 215.9

-Coles Express Neutral Bay 9200-204 Ben Boyd Rd (Cnr Ernest St), Neutral Bay NSW 2089, Neutral Bay, 2089), 212.9

-Caltex Star Mart Dee Why (793-797 Pittwater Rd Dee Why 2099 NSW), 215.9

4. Darwin (NT): $1.99

Today's average fuel price for ULP 91 in Darwin is $1.99 per litre with prices holding.

-FuelXpress Winnellie (46 Coonawarra Road, Winnellie, NT, 0820, Winnellie, 0820), 193.5

-Coles Express Fairway Waters in Palmerston (130 University Avenue, Palmerston, NT, 0830), 198.9

-United Palmerston (Rosebery) in ROSEBERY (Lot 1102, 164 Forrest Parade, ROSEBERY, NT, 0832, ROSEBERY, 0832), 198.9

-Caltex Yarrawonga (8 Middleton St, Yarrawonga, NT, 0830, Yarrawonga, 0830), 198.9

-FuelXpress Palmerston (Crn Roystonia Avenue & Temple Terrace, Palmerston, NT, 0830, Australia), 198.9

-Woolworths Petrol Palmerston (15 Yarrawonga Road, Palmerston, NT, 0831, Palmerston, 0831), 198.9

-Coles Express Palmerston (2 Yarrawonga Rd (Cnr Roystonea Ave), Palmerston, NT, 0830), 198.9

-Puma Berry Springs (795 Cox Peninsula Road, Berry Springs, NT, 0838, Australia), 198.9

5. Melbourne (VIC): $1.96

Today's average fuel price for ULP 91 in Melbourne is $1.96 per litre, that is 2 cents more than yesterday with prices on the rise, possibly already peaking. Shop around and fill up or give it a few days if you can.

You'd be saving around $6.50 if you were to pump 50 litres of Standard unleaded petrol (ULP 91) today compared to the last peak back on 17 May.

The peak of the last pricing cycle 3 weeks ago (20 days ago) on a Tuesday reached $2.09 per litre; 13 cents more per litre than today's current price of $1.96.

-7-Eleven Bayswater (254-300 Canterbury Rd & Bayswater Rd, VIC), 218.8

-Caltex/Woolworths Ferntree Gully (1 Ferntree Gully Road, VIC), 188.8

-Caltex Dandenong Stud Road (1534 Heatherton Road, Dandenong, VIC), 188.8

-Caltex/Woolworths Boronia (125 Boronia Rd & Dorset Rd, VIC), 218.8

-Caltex/Safeway St Helena (Diamond Creek) (307 Diamond Creek Rd, VIC), 188.8

-7-Eleven East Malvern (Malvern Rd & Darling Rd, VIC), 188.8

-BP Dorset Rd, (477-483 Dorset Rd & Longstaff Rd, VIC), 188.8

-7-Eleven Bayswater East (Mountain Hwy & Dorset Rd, VIC), 218.8

-7-Eleven Altona (Millers Rd & Kororoit Creek Rd, VIC), 188.8

-7-Eleven Oakleigh South (699 Warrigal Rd & Orange St, VIC), 188.8

-7-Eleven Mountain Gate (844 Burwood Hwy, VIC), 188.8

-Caltex/Woolworths Mernda (77 Greig Dr, VIC), 188.8

6. Brisbane (QLD): $1.93

Today's average fuel price for ULP 91 in Brisbane is $1.93 per litre with prices holding. You'd be saving around $9.00 if you were to pump 50 litres of Standard unleaded petrol (ULP 91) today compared to the last peak back on 21 May.

The peak of the last pricing cycle 2 weeks ago (16 days ago) on a Saturday reached $2.11 per litre; 18 cents more per litre than today's current price of $1.93.

-Mega Fuels Rocklea (1390 Elmes Rd & Ipswich Rd, Rocklea, QLD, 4106), 183.9

-Liberty Karawatha (200 Compton Rd, Kuraby, QLD, 4112), 184.9

-Caltex/Woolworths Calamvale (662 Compton Rd & Beaudesert Rd, Calamvale, QLD, 4116), 185.9

-Ampol Sunnybank (81 Mains Rd, Sunnybank, QLD, 4109), 185.9

-7-Eleven Coopers Plains (129 Orange Grove Rd & Musgrave Rd, Coopers Plains, QLD, 4108), 185.9

-7-Eleven Pinelands Road (82 Pinelands Rd, QLD, 4109), 185.9

-United Sunnybank Hills ( Cnr Beenleigh Rd and Gowan Rd, QLD, 4113), 185.9

-7-Eleven Algester (169 Algester Rd & Ridgewood Rd, Algester, QLD, 4115), 185.9

-Metco Coopers Plains (930 Boundary Rd & Orange Grove Rd, Coopers Plains, QLD, 4108), 185.9

7. Canberra (ACT): $2.00

Top 10 Cheapest Places To Buy Petrol And Diesel In Australia
Photo: carsguide.com.au.

Today's average fuel price for ULP 91 in Canberra is $2.00 per litre with prices holding.

Canberra does not have a consistent pricing cycle for petrol or diesel fuel products. Canberra’s fuel pricing while not showing a consistent pricing cycle does exhibit periods of steady mid-to-peak pricing (up to 10 cents in variance) lasting up to 10-12 weeks for petrol and diesel fuel products (ULP 91, PULP 95, PULP 98 and diesel ) before resuming inconsistent daily pricing (up to 30 cent changes between peak/low pricing per day) until the next period of steady mid-to-peak pricing. LPG fuel products are not affected by pricing cycles.

Coles Express Deakin: Diesel 215.9

Woolworths Ampol Majura Park: Unleaded 193.9, U95 206.9, U98 214.9, P Diesel 205.9

8. Hobart (TAS): $2.01

Today's average fuel price for ULP 91 in Hobart is $2.01 per litre, that is 1 cent less than yesterday with prices starting to come down. Give it a few days if you can.

-United Wentworth (174 Clarence Street, HOWRAH TAS 7018), 195.9

-Coles Express Blackmans Bay (176 Roslyn Avenue, Blackmans Bay TAS 7052), 195.9

-Shell Risdon Vale (42 Sugarloaf Road, Risdon Vale TAS 7016), 195.9

-Coles Express Howrah (2 Howrah Road, Howrah TAS 7018), 195.9

-United Tasman (2 Rosny Hill Road, BELLERIVE TAS 7018), 195.9

-Caltex Eastlands (1 Gordons Hill Road, Bellerive TAS 7018), 195.9

-Shell Tas Petroleum Bridgewater (121 Glenstone Road, Bridgewater TAS 7030), 195.9

-Caltex Woolworths Howrah (240-242 Clarence Street, Howrah TAS 7008), 195.9

-Caltex Woolworths Kingston (37-59 Maranoa Road, Kingston TAS 7050), 195.9

Six tips to drive more efficiently

You can drive the same distance, in the same car, without slowing down, but using less fuel – better for your wallet, better for the environment. The key is to drive smoothly. Here are the seven tips you need to know.

1. Accelerators are money pumps – accelerate gradually

Speed up smoothly. The harder you press on the accelerator, the more fuel will flow – but you can reach the same speed using much less power. As a rough rule, stay under 3,000 revs. Plus, if you accelerate too quickly, chances are you'll then have to brake hard, which isn't exactly efficient.

2. Change up a gear sooner

Always drive in the highest gear possible without labouring the engine. So change up much earlier than feels natural – it'll take some pace out of your acceleration, but as that's our first tip it isn't a bad thing. If you have a fuel efficiency display, you'll be surprised how immediate an impact this has.

3. Think about road position

All the other tips require you to be alert and aware of your road position. This helps you plan ahead and move gradually. It also means that more efficient driving is also safer driving.

4. The brake is a money burner

Where safe, allow yourself to slow naturally rather than hitting the brakes. When you press the brake you are essentially converting the energy you've paid to put into the car into heat. Instead, where you can, make the most of the car's momentum – good road positioning is crucial for this. Over the course of a journey if you brake frequently, you'll end up having to accelerate more too, which ultimately means using more fuel.

5. Listen to the noise of your engine

If you hear sharp acceleration and screeching brakes you know you're doing it wrong. Imagine driving from traffic light to traffic light doing that. The person behind who accelerates and decelerates more slowly will still be behind you at the next light – they'll just have spent far less getting there.

6. Keep moving if you can

The most expensive metre you drive is always the first one. It takes huge energy to get a car going. So if you can safely roll gradually up to a traffic light as it changes from red to green, without stopping, it is more efficient than stopping and restarting.

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