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Media release
25 Feb 2025

Retail petrol prices lower across all capital cities and almost all regional locations in the December quarter

The quarterly average for retail petrol prices decreased in the December quarter 2024, hitting a three-year low in real (inflation adjusted) terms, the ACCC’s latest petrol monitoring report has found.
Petrol and fuel
Media release
17 Dec 2024

Mobil in court for alleged misleading statements about fuel sold at certain petrol stations in north and central Queensland

The ACCC has started legal proceedings in the Federal Court against Mobil Oil Australia Pty Ltd for alleged false or misleading representations about the fuel sold at six Mobil-branded petrol stations in north and central Queensland.
Compliance and enforcement
Petrol and fuel
Media release
24 Sep 2024

Lower recent petrol prices welcome after prices moved higher in the June quarter

Average retail petrol prices were higher in the June quarter but have since reduced, according to the ACCC’s latest quarterly petrol monitoring report.
Petrol and fuel
Media release
20 Aug 2024

There are tools available to save money on fuel

Motorists can save money on fuel by using one of the many free fuel price apps and websites to shop around for lower fuel prices.
Petrol and fuel
Media release
12 Jun 2024

Average retail petrol prices were lower in the March quarter but reached a nominal high in April

Retail petrol prices across Australia’s five largest cities were lower in the March quarter 2024, but daily average prices increased in April to a new nominal high, according to the ACCC’s latest quarterly petrol monitoring report.
Petrol and fuel
Media release
19 Mar 2024

Retail petrol prices remain relatively high despite falling in the December quarter 2023

Retail petrol prices in Australia’s five largest cities trended downward in the December quarter 2023 as international refined petrol prices decreased, according to the ACCC’s latest quarterly petrol monitoring report.
Petrol and fuel
Media release
14 Dec 2023

Viva Energy's proposed acquisition of OTR Group not opposed, subject to divestiture

The ACCC will not oppose Viva Energy’s (ASX: VEA) proposed acquisition of OTR Group, after accepting a court-enforceable undertaking that commits Viva Energy to divest 25 Coles Express sites in South Australia.
Mergers
Petrol and fuel
Media release
08 Dec 2023

International factors drove retail fuel prices higher

Higher international refined fuel prices driven by OPEC oil production cuts and stronger global oil demand combined with a lower Australian/US dollar exchange rate, contributed to higher petrol prices in the September quarter.
Petrol and fuel
Media release
12 Sep 2023

Diesel prices continued to decrease and were lower than average petrol prices in June 2023

Average retail diesel prices in Australia’s five largest cities (Sydney, Melbourne, Brisbane, Adelaide, Perth) continued to decrease during the June quarter 2023 to similar levels as average retail petrol prices, the ACCC’s latest petrol monitoring report shows.
Petrol and fuel
Media release
20 Jun 2023

Diesel prices down by 10 per cent in the March quarter as petrol prices remained steady

Retail diesel prices dropped significantly in the March quarter 2023 while petrol prices remained broadly stable, which resulted in the gap between diesel and petrol prices narrowing, the ACCC’s latest petrol monitoring report has found.
Petrol and fuel
Media release
24 Mar 2023

International factors kept diesel prices significantly higher than petrol prices

Petrol prices increased slightly and diesel prices remained significantly higher than petrol prices in the December quarter 2022, according to the ACCC’s latest quarterly petrol monitoring report.
Petrol and fuel
Media release
13 Dec 2022

Petrol prices fell in the September quarter for the first time in almost two years

For the first time in almost two years, average retail petrol prices in Australia’s five largest cities fell in the latest quarter, dropping by 10.3 cents per litre (cpl) from the June quarter 2022 to 177.7 cpl in the September quarter 2022, the ACCC’s latest quarterly petrol monitoring report says.
Petrol and fuel
Media release
05 Sep 2022

International oil prices drove petrol prices higher despite excise cut

Despite the six-month cut in fuel excise reducing retail petrol prices in the June quarter 2022, the ACCC’s latest quarterly petrol monitoring report shows this could not prevent real (inflation adjusted) retail petrol prices reaching new 14-year highs due to international factors.
Petrol and fuel
Media release
15 Jun 2022

Motorists saw large falls in petrol prices after excise cut took effect

The ACCC’s latest petrol monitoring report shows that in the weeks after the fuel excise was cut on 30 March, daily average petrol prices fell by at least 39 cents per litre (cpl) in Sydney, Melbourne, Brisbane, Perth and Adelaide.
Petrol and fuel
Media release
08 Jun 2022

Domestic airline industry approaches full recovery, but jet fuel prices hit record high

The number of passengers flying domestically in April 2022 was the highest it has been since the pandemic began, but jet fuel prices have surged to record levels and airfares are set to increase in the coming months, the ACCC’s latest Airline Competition in Australia report reveals.
Petrol and fuel
Travel and airports
COVID-19
Media release
06 Apr 2022

Petrol retailers starting to pass through fuel excise cut

ACCC monitoring of petrol prices has found significant falls in retail prices in the major capital cities a week after the cut in fuel excise came into effect.
Petrol and fuel
Media release
29 Mar 2022

ACCC to monitor petrol prices following cut in fuel excise

The ACCC notes today’s Federal Budget announcement of a six-month reduction in fuel excise from midnight tonight.
Petrol and fuel
Media release
14 Mar 2022

War in Ukraine and OPEC production limits pushed February petrol prices to eight-year high

Russia’s invasion of Ukraine and the OPEC cartel’s refusal to boost crude oil production, combined with recovering oil demand as countries relaxed COVID-19 restrictions, pushed February prices for both international refined petrol and average retail petrol in Australia’s five largest cities to an eight-year high.
Petrol and fuel
COVID-19
Media release
22 Dec 2021

Industry allowed to collaborate on AdBlue supply arrangements

The ACCC has granted an urgent interim authorisation permitting manufacturers and other industry stakeholders to collaborate on arrangements for the supply of the diesel exhaust fluid, known as ‘AdBlue’ that is used in most modern diesel vehicles to control noxious emissions.
Competition and exemptions
Petrol and fuel
Compliance and enforcement
Media release
16 Dec 2021

Woodside's proposed acquisition of BHP Petroleum not opposed

The ACCC will not oppose Woodside Petroleum Limited’s (ASX: WPL) proposed acquisition of BHP Petroleum International Pty Ltd, a wholly owned subsidiary of BHP (ASX: BHP).
Mergers
Petrol and fuel
Media release
10 Dec 2021

October petrol prices hit seven-year high due to rising international prices

Daily petrol prices on a seven-day rolling average basis in Sydney, Melbourne, Brisbane, Adelaide and Perth increased to 172.4 cents per litre (cpl) at the end of October 2021, which in inflation adjusted (real) terms are the highest prices in seven years, the ACCC’s latest petrol monitoring report shows.
Petrol and fuel
Media release
14 Sep 2021

Australian petrol prices in 2020-21 were lowest in 22 years

Average retail petrol prices in 2020–21 in Australia’s 5 largest cities were the lowest in 22 years in real inflation adjusted terms, according to the ACCC’s latest petrol monitoring report released today.
Petrol and fuel
Media release
06 Jul 2021

Petrol prices rise on the back of higher international crude oil prices

Cuts in oil production by the OPEC cartel and other big producers, combined with a pick-up in global fuel demand, led to higher petrol prices in Australia’s five largest capital cities in the March 2021 quarter.
Petrol and fuel
Media release
08 Jun 2021

Cheaper petrol at independent chains offers half a billion dollars in savings

Independent petrol retail chains Speedway, Metro Petroleum, United, Vibe and FuelXpress had the cheapest petrol in Australia’s eight capital cities in 2020, a new ACCC petrol industry report reveals.
Petrol and fuel
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