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Early peak, but diesel falls to remain stable

Diesel prices remain stable despite peaking early last week, according to new fuel data

March 26, 2010

Diesel prices remained stable last week despite peaking close to 118 cents a litre before dropping slightly, according to new fuel data.

Terminal gate pricing data from the Australian Institute of Petroleum shows diesel prices for the week ending March 19 averaged 117.6 cents a litre.

The price is the same national average as the previous week, although the average price hit 117.9 cents a litre on March 16 and 17.

Melbourne was the cheapest capital city at the end of the week, averaging 116.7 cents, followed by Brisbane with at 117.1 cents a litre.

The price of diesel in Sydney was 117.3 cents a litre, while motorists in Adelaide paid 117.4 cents at the pump.

Hobart was the most expensive city in the country with an average of 121.9 cents a litre.

Darwin was 121.5 cents, while Perth averaged 118.3 cents a litre.

Diesel prices have risen by a national average of more than 2 cents a litre since early February, when prices were 115.1 cents a litre.

The prices for all regions remained the same as the average for the week ending March 12, except for Brisbane which rose by .1 of a cent.

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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