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November 18, 2009

Diesel prices continue to rise, moving up slightly by 0.1 cents per litre compared to last week- the sixth consecutive rise in as many weeks.

Terminal gate pricing data from the Australian Institute of Petroleum shows prices in all states apart from Darwin hovering around the 115 to 116 cents per litre mark throughout the week.

Diesel in Melbourne was the cheapest in the country, averaging at a price of 115.3 cents per litre.

Brisbane and Sydney averaged 115.5 cents and 115.6 cents per litre respectively, while Adelaide averaged 11.59 cents a litre.

Darwin topped the list with an average diesel price of 120.2 cents per litre - 3.9 cents higher than Perth which was the second most expensive city for the week at 116.5 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.


COMMENTS (1)
Comment by Leo
posted 8 months ago
Please explain how a strengthening dollar pushes deisel higher?
The opposite should be the case. If you argued increased demand in Asia I might have understood.

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