Diesel prices rise marginally

Prices across the country increase marginally, while some cities exceeded the national average

March 9, 2010

Diesel prices across the country increased marginally last week, while some cities exceeded the national average.

Terminal gate pricing data from the Australian Institute of Petroleum shows the national average price of diesel peaking at 11.6 cents per litre for the week ending March 7.

The figure marks a 0.6 cent average rise based on data from the week before.

Hobart was the most expensive capital city, finishing the week at 121.1 cents a litre while Darwin was 120.8 cents a litre. Both figures are an increase on the week before, where Darwin and Hobart were 120.1 cents a litre and 120.5 cents a litre respectively.

According to the data, diesel in Perth rose 0.6 cents to 117.5 cents a litre, putting it above the national average.

However Melbourne was the cheapest capital city at 115.9 cents a litre – a slight climb from 115.3 cents the week before.

Sydney finished on 116.5 cents a litre, while Brisbane was 116.3 cents.

It was an almost 1 cent rise for Brisbane, while Sydney’s diesel price increased 0.6 cents.

The figure was similar for Adelaide, where the pump price of 116.6 cents was 0.7 cents higher than the previous week.

Average national diesel prices have continued to rise steadily since mid February, after a slight fall from late January to early last month.

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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