Petrol Back Above $2 a Litre, Diesel at $2.40 in Some Cities
Petrol Above $2, Diesel $2.40 in Some Cities

Fuel prices have surged, with petrol returning above $2 per litre and diesel reaching $2.40 in some Australian cities. Oil prices have steadily risen since the US resumed strikes on Iran, with Brent crude up from about US$70 on 2 July to US$87 today, while the Australian government reduced its fuel excise discount by 16 cents a litre. Service stations have passed the higher wholesale fuel prices on to customers.

Diesel prices by city

Melbourne is facing diesel prices of $2.40 a litre today, up 66 cents from their June low of 173.9c/L, according to Motormouth. Canberra is at 238c/L, Brisbane at 234.4, Adelaide at 233.7, Sydney at 232.8, and Perth at 226.4.

Unleaded petrol costs

Unleaded petrol prices have risen to 204.1 cents a litre in Canberra. They are at 195.6c/L in Melbourne, 195.2 in Brisbane, 192.6 in Adelaide and 191.1 in Sydney – the latter up from its June low of 152.2. Perth has seen the biggest jump, with unleaded at 196.6c/L today, up nearly 50 cents from the June low of 148.3.

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