Cheaper fuel on the way: RACQ

Fuel retailers across the south east have ramped up their fuel price discounting with unleaded petrol (ULP) prices in parts of the region falling as much as seven cents per litre (cpl) in just three days.

Fuel pump

Club spokesperson Lucinda Ross said Gold Coast service stations in particular had discounted heavily and drivers should hold off on filling the tank a little longer if they wanted to take advantage of the best deals.

“On the Coast the average price for unleaded fell 7cpl since Tuesday and it’s expected to continue to get cheaper,” Ms Ross said.

“In Brisbane the discounting is a little slower with prices dropping just under 4cpl on average.”

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Ms Ross said ULP in Brisbane and the Gold Coast was on average 150.7cpl and 146cpl  respectively.

“It still pays to hold of filling up if you can, and only top up if you absolutely need to,” she said.

“Already in Brisbane there are some servos selling fuel for around 140cpl, and we think this is what drivers in the south east should target, so shop with your wallet and reward those places offering cheap deals.”

Ms Ross said a slight upturn in the oil price might flow through to bowsers in the coming weeks.

“This could mean the cheap phase of the south east Queensland cycle might not be around for long, so we’re advising drivers to hold off until we hit the bottom, then make sure they get in quick and fill up,” she said.

“Being a little bit savvy and tactical with your fuel purchases can really impact your hip pocket and save you money.”

Fuel price data could be accessed on RACQ’s Fair Fuel Price website.