Petrol price update

The average price of unleaded petrol in Australia decreased 3¢ to 128.3¢ a litre nationally in the week ending October 18, according to the Australian Institute of Petroleum’s ‘Weekly Petrol Prices’ report.

The average national weekly metropolitan retail price decreased 3.8¢ to 126.8¢ a litre, with the regional price decreasing 1.4¢ a litre to 131.4¢ a litre.

The most expensive fuel in the country was in WA at 138.4¢ a litre followed by the NT (138.0¢), Tasmania (137.0¢), Queensland (134.0¢), NSW/ACT (130.7¢), SA (129.0¢) and Victoria (127.0¢).

Of the major cities, Melbourne offered the cheapest fuel for the week at 121.9¢ a litre, followed by Brisbane (125.6¢), Sydney (130.9¢), Adelaide (127.4¢), Perth (128.9¢), Canberra (129.6¢), Darwin (129.9¢) and Hobart (136.0¢).

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