Loading...

Metro Petrol Prices Declining

Each quarter, the ACCC publishes a report on the performance of the petroleum industry for public scrutiny.

In this article, we highlight the main points of the ACCC September Quarterly Report:

  • Retail prices in the five largest cities decreased: 
    • While prices maintained a steady low under 145c per litre the attack on oil supplies caused a peak in prices to over 152c
  • Movements in average petrol prices in the quarter reflective of international benchmark prices.
  • Significant variations in retail prices in 2018:
    • An annual analysis showed up to 8 cpl difference from independent to major retailer outlets with the recommendation to consumers to shop around for the cheaper priced stations to save money.
  • Diesel and automotive LPG prices decreased.
  • Fuel excise increased.
  • BP announced arrangements with David Jones and Qantas.
  • Caltex announced an arrangement with UberEats.

To read the full release, including additional information such as ACCC Industry activities during the quarter, see the document found here.

Contact Us

to arrange a discussion with one of our consultants

A consumer awareness initiative of the Informed Sources Group.

New App Available now!

See more