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Petrol prices to drop to lowest in nearly two months as authorities talk up WA’s fuel position

Oliver LaneThe West Australian
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VideoForeign Minister Penny Wong is meeting her counterparts across East Asia to shore up Australia's jet fuel supply.

Perth motorists will be able to fill up their tanks for as little as 153 cents a litre on Tuesday as fuel prices continue to drop around the city.

The average cost of petrol will drop to 175.6 cents a litre on Tuesday, a near five cent drop.

Burk Cannington will offer the cheapest price in Perth for unleaded fuel at 153.3 cents, one of four stations at the sub-160 cent mark.

It marks the cheapest unleaded fuel price since March 5.

The price of diesel is also set to decrease to an average of 244.7 cents per litre, a two cent reduction.

The cheapest diesel will be found at Vibe Oakford Truckstop, sitting at just 209.9 cents.

The price of unleaded fuel has been trending steadily down for the past few weeks, after reaching a peak average of around 240 cents per litre.

Diesel has followed a similar pattern, down from an eye-wateringly high benchmark of over $3 per litre.

Energy Minister Amber-Jade Sanderson said the relief could change as uncertainty over the outcome of a tense US-Iran ceasefire remains.

“I’m cautiously confident that we have the right settings in Western Australia to deal with any further disruption should we see it, but we do continue to see steady supply, and we’re watching it very closely.”

WA will receive two extra shipments of fuel this month, both from BP, with one from secured by the State Government and the second through an arrangement with the Federal Government.

It also comes as the State Government has secured 12 million litres in diesel reserves to be held in Kwinana, Wyndham and Esperance.

Energy Minister Amber-Jade Sanderson said the relief could change as uncertainty over the outcome of a tense US-Iran ceasefire remains.
Camera IconEnergy Minister Amber-Jade Sanderson said the relief could change as uncertainty over the outcome of a tense US-Iran ceasefire remains. Credit: Ian Munro/The West Australian

Ms Sanderson said the State were well placed.

“West Australia is in a good position at the moment, we’ve worked really hard over the last few weeks to ensure that we’ve stabilised distribution across the State and worked to make sure that we’ve got regional fuel supplies,” she said.

Premier Roger Cook also had a rosy outlook on WA’s position.

“Obviously we’re in a good place at the moment, we’ve got extra fuel coming into the State and into the country,” he said.

“We in fact have more fuel in Western Australia today than we did before the 28th of February with the outbreak of war in the Middle East.

“This is a day by day proposition but what we do know is we’ve got fuel supplies coming to Australia through around about mid to late June at the moment.”

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