In the second quarter of 2024, the largest component of average retail petrol prices in Australia was the international cost of refined petrol, also referred to as Mogas 95, accounting for a 49 percent share. Some of Australia's refined petrol demand must be imported from international markets as its local refining capacity cannot produce all of the country's fuel needs.
Distribution of average retail petrol prices in Australia in second quarter 2024, by component
Based on average petrol price of 194.9 cents per liter in the five largest cities: Adelaide, Brisbane, Melbourne, Perth, and Sydney. ‘Petrol’ means regular unleaded petrol (RULP) in all locations.
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ACCC. (September 24, 2024). Distribution of average retail petrol prices in Australia in second quarter 2024, by component [Graph]. In Statista. Retrieved December 04, 2024, from https://www.statista.com/statistics/1316751/australia-retail-petrol-cost-breakdown-by-component/
ACCC. "Distribution of average retail petrol prices in Australia in second quarter 2024, by component." Chart. September 24, 2024. Statista. Accessed December 04, 2024. https://www.statista.com/statistics/1316751/australia-retail-petrol-cost-breakdown-by-component/
ACCC. (2024). Distribution of average retail petrol prices in Australia in second quarter 2024, by component. Statista. Statista Inc.. Accessed: December 04, 2024. https://www.statista.com/statistics/1316751/australia-retail-petrol-cost-breakdown-by-component/
ACCC. "Distribution of Average Retail Petrol Prices in Australia in Second Quarter 2024, by Component." Statista, Statista Inc., 24 Sep 2024, https://www.statista.com/statistics/1316751/australia-retail-petrol-cost-breakdown-by-component/
ACCC, Distribution of average retail petrol prices in Australia in second quarter 2024, by component Statista, https://www.statista.com/statistics/1316751/australia-retail-petrol-cost-breakdown-by-component/ (last visited December 04, 2024)
Distribution of average retail petrol prices in Australia in second quarter 2024, by component [Graph], ACCC, September 24, 2024. [Online]. Available: https://www.statista.com/statistics/1316751/australia-retail-petrol-cost-breakdown-by-component/