Wholesale Diesel Price Dropped Significantly Since October

The wholesale diesel price has dropped significantly since October 2022, however, this has not been passed along to the retail market, with service stations making higher than average profits per litre. Daniel Ziffer of ABC News discusses this, featuring graphs and data supplied by FUELtrac. 

Watch the full segment here or view it below


Northern Territory opposition calls for petrol price inquiry, with prices per litre 30 cents higher than in other states

FUELtrac General Manager Geoff Trotter speaks to the ABC regarding the high petrol prices in the Northern Territory, and the steps which could be taken to lower them. 

Full article available here. 

Why is diesel so expensive?

FUELtrac General Manger Geoff Trotter talks to the ABC regarding the price of diesel and it’s flow on effects to the rest of the economy. 

Read the full article here.

Brisbane petrol prices near $1.80 amid US oil surge and ‘fake fuel cycle’

FUELtrac General Manager Geoff Trotter recently spoke to about the fuel cycle in Brisbane, including the reasons Brisbane petrol prices have been able to rise so high.

Full article available here

South East Queensland Independent Fuel Retailers Create Competition

South East Queensland has some of the highest fuel prices in Australia, but, independent fuel retailers in the area are much cheaper.

The flow on effects of the independent retailers keeping their prices low are causing other, nearby fuel stations to keep their prices lower as well, and disrupting the fuel cycle.

The story below from Channel 9 further details the effects of independent fuel retailers in South East Queensland.

Premium Unleaded Rip Off

Channel 9 reports on the use of premium unleaded fuel, and the oil companies’ profits per litre. 

Data on the refinery prices and retail prices supplied by FUELtrac.

See the full report below.

Petrol Price Spikes Ahead of the Long Weekend

Petrol prices are expected to spike before the long weekend. Geoff Trotter speaks to Channel 9 about the 40 cent rise and the oil company’s profit margins above the wholesale price. 

See the full interview below. 

If Crude Oil is So Cheap, Why is My Petrol So Expensive?

FUELtrac General Manager Geoff Trotter speaks to the ABC about why fuel prices are still so expensive during the coronavirus shutdown, despite the low price of crude oil.

See the full interview below.

Drivers slapped with unjustifiable fuel price hikes

Motorists are feeling the strain this week as Australian petrol retailers are selling fuel with record high profit margins as they take advantage of the recent attacks in Saudi Arabia.

General Manager Geoff Trotter provides professional comments on the issue.

Click here to find out more.

Fueltrac’s response to attack on Saudi Arabia – What’s next for Australian Petrol Prices?

FUELtrac General Manager Geoff Trotter discusses what is expected for the future of Australian fuel prices after the attacks on Saudi Arabia’s oil processing facilities, which has provoked oil prices to rise dramatically.

Podcast with Ross Greenwood. Click here.