Diesel prices climb for third straight week


<font color=red><b>FUEL PRICES:</b></font> Average diesel prices rise for third consecutive week after eight-week freefall

October 27, 2009

Diesel prices continue to rise, lurching upwards by 2.2 cents per litre compared to last week - the third consecutive rise in as many weeks after and eight week slump.

Terminal gate pricing data from the Australian Institute of Petroleum shows prices in all states apart from Darwin hovering around the 111 to 113 cents per litre mark throughout the week.

Diesel in Melbourne as per usual was the cheapest in the country, averaging at a price of 112 cents per litre and was closely followed by Brisbane which averaged 112.2 cents.

Sydney and Adelaide were not far behind in the standings, both averaging 112.5 cents per litre.

As usual Darwin topped the list with an average diesel price of 116.7 cents per litre, 3.9 cents higher than Perth which finished as the second most expensive city at 112.8 cents a litre.

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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