Diesel prices shoot upwards

Diesel prices rose for the fourth consecutive week with an average price of 115.7 cents per litre

November 3, 2009

Diesel prices have risen 2.7 cents per litre compared to last week - the fourth consecutive rise in as many weeks after an eight week slump in August and September.

Terminal gate pricing data from the Australian Institute of Petroleum shows prices in all states apart from Darwin hovering around the 114 to 115 cents per litre mark throughout the week.

Diesel in Melbourne was the cheapest in the country, averaging 114.5 cents per litre. This was closely followed by Brisbane which averaged 114.8 cents.

Sydney and Adelaide averaged 114.9 and 115.1 cents per litre respectively.

Darwin topped the list with an average diesel price of 119.4 cents per litre, 3.9 cents higher than Perth which finished as the second most expensive city at 115.5 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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