Diesel prices drop


Diesel prices have fallen by an average of 2 cents per litre for the week ending May 3 2009.

Diesel prices have taken a dip over the last week with Australian Institute of Petroleum (AIP) figures for the week ended May 3 showing cheaper prices on average in all capital cities by an average of 2 cents per litre.

The AIP data is based on information provided by BP Australia, Caltex, Shell Australia and ExxonMobil.

The fall came despite a rise in oil prices to US$51 a barrel and an announcement by OPEC that it wants to see barrel prices rise to above US$70 a barrel in the near future.

Trader Business Media titles ATN, Owner//Driver and ABC now publish a summary of terminal gate diesel prices across key capital cities every week. To view this data, available only to subscribers, click here.

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