Australia Diesel prices, 09-Sep-2024

The current price of diesel fuel in Australia is AUD 1.72 per liter or USD 1.14 per liter based on the latest update from 09-Sep-2024. For comparison, the world average diesel price is USD 1.15 per liter.
Australia
Diesel prices
 Current price 1.14
 Measure USD/Liter
 Last update 2024-09-09
 Data availability from 2014-09-29
 Data frequency Weekly


We show diesel price data for Australia from 2014-09-29 to 2024-09-09. 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 1.72 -
 One month ago 1.76 -2.3 %
 Three months ago 1.76 -2.3 %
 One year ago 2.00 -14.0 %


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; 2014-09-29-2024-09-09
* A long flat line means that the government fixes the prices.
Australia: Diesel price analytics
    Value
Percent of world average diesel price     91.41%
Correlation with crude oil prices     0.88
Percent change if oil prices increase 10%     5.24%
Correlation with USD exchange rate     -0.48
Price flexibility index: 0 (low) - 1 (high)     0.88
Correlation with gasoline prices     0.94
Percent of gasoline price     103.75%
Cost of 40 liter tank, percent of income     0.94%
Diesel consumption, percent of income     1.17%
Updated monthly. Methodological notes
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