The Australian Institute of Petroleum’s national average diesel price.
A COMBINATION of surging oil demand and a cut in supply from major producing countries has been blamed for diesel prices reaching their highest point this year.
According to the Australian Institute of Petroleum, the national average diesel price finished last week at 215.3c at the bowser and 202.7c at the Brisbane terminal gate – the highest it has been since it surged in October last year.
The Australian Institute of Petroleum’s average terminal gate prices out of Brisbane. Click to enlarge
The global market is…
