Australia Diesel prices, 17-Jun-2024

The current price of diesel fuel in Australia is AUD 1.76 per liter or USD 1.17 per liter based on the latest update from 17-Jun-2024. For comparison, the world average diesel price is USD 1.16 per liter.
Australia
Diesel prices
 Current price 1.17
 Measure USD/Liter
 Last update 2024-06-17
 Data availability from 2014-07-07
 Data frequency Weekly


We show diesel price data for Australia from 2014-07-07 to 2024-06-17. The average diesel price during that period is AUD 1.50 per liter with a minimum of AUD 1.11 on 2016-03-21 and a maximum of AUD 2.36 on 2022-07-04. Our data are obtained from official government sources, regulatory agencies, petroleum companies, and major media sources. We update the series for Australia every week.


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Diesel prices
Price (AUD/Liter) Percent change
 Current price 1.76 -
 One month ago 1.78 -1.1 %
 Three months ago 1.81 -2.8 %
 One year ago 1.67 5.4 %


Our data on: CNN Bloomberg Reuters



Australia Diesel prices: The last eight weeks

Australia Diesel prices: The last eight weeks

Australia Diesel prices, liter, Australian Dollar


Australia Diesel prices: Historical graph; 2014-07-07-2024-06-17
* A long flat line means that the government fixes the prices.
Australia: Diesel price analytics
    Value
Percent of world average diesel price     90.39%
Correlation with crude oil prices     0.88
Percent change if oil prices increase 10%     5.25%
Correlation with USD exchange rate     -0.46
Price flexibility index: 0 (low) - 1 (high)     0.88
Correlation with gasoline prices     0.94
Percent of gasoline price     102.58%
Cost of 40 liter tank, percent of income     0.95%
Diesel consumption, percent of income     1.19%
Updated monthly. Methodological notes
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