Wholesale diesel prices fall below $1.10/litre

Average diesel prices continue to fall, down nationally by 1.3 cents per litre for the week ended July 26

Diesel prices continue to fall around the country, by a national average of 1.3 cents per litre for the week ended July 26.

Terminal gate pricing data from the Australian Institute of Petroleum shows prices falling in all states excluding Darwin, hovering around the 110 cents per litre mark throughout the week.

Melbourne and Brisbane had the cheapest diesel throughout the week at an average price of 109.8 cents per litre, with the latter continuing to shrug off speculation the scrapping of the fuel subsidy would cause its prices to skyrocket above the 8 cent subsidy.

Diesel in Sydney and Adelaide was slightly more expensive, finishing the week with averages of 110.2 and 110.3 respectively.

As usual Darwin topped the list with an average diesel price of 114.8 cents per litre, 3.9 cents higher than Perth which finished as the second most expensive city at 110.9 cents a litre, down 1.5 cents on the previous week.

AIP data is based on information provided by BP Australia, Caltex, Shell Australia and ExxonMobil, averaged across terminals and capital cities.

Trader Business Media titles ATN, Owner//Driver and ABC 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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