Eighth straight week of diesel price declines


<font color=red><b>FUEL PRICES:</b></font> Diesel prices continue downward trend, falling for eighth week

October 12, 2009

Diesel prices continued their recent downward trend, falling for the eighth consecutive week time.

Terminal gate pricing data from the Australian Institute of Petroleum shows prices in all states apart from Darwin hovering around the 109.9 cents per litre mark throughout the week.

Diesel in Melbourne as usual was the cheapest in the country, averaging at a price of 108.7 cents per litre, closely followed by Brisbane which averaged 108.9 cents.

Sydney and Adelaide were not far behind in the standings, with prices of 109.2 and 109.3 cents per litre respectively.

As usual Darwin topped the list with an average diesel price of 113.5 cents per litre, 3.7 cents higher than Perth which finished as the second most expensive city at 109.8 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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