Diesel freefall ends, with terminal prices back up

<font color=red><b>FUEL PRICES:</b></font> Terminal gate diesel prices jump back up, ending two months of falls

October 20, 2009

Diesel prices are back up after their recent downward trend, rising on average to 110.4 cents per litre average across the country for the week ending October 18.

Terminal gate pricing data from the Australian Institute of Petroleum shows prices in all states apart from Darwin hovering around the 109 to 110 cents per litre mark throughout the week.

Diesel in Melbourne as usual was the cheapest in the country, averaging at a price of 109.2 cents per litre, closely followed by Brisbane which averaged 109.5 cents.

Sydney and Adelaide were not far behind in the standings, with prices of 109.7 and 109.9 cents per litre respectively.

As usual Darwin topped the list with an average diesel price of 114 cents per litre, 3.7 cents higher than Perth which finished as the second most expensive city at 110.3 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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