Gasoline Prices in Australia increased to 1.17 USD/Liter in June from 1.14 USD/Liter in May of 2025. This dataset provides the latest reported value for - Australia Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In financial year 2024, the average market price of gas in Sydney, Australia was 11.7 Australian dollars per gigajoule. This was a significant decrease from the previous year.

In financial year 2024, the average market price of gas in Victoria, Australia was 11.34 Australian dollars per gigajoule. This was a significant decrease from the previous year.

Australia Short Term Trading Market: Average Daily Ex Ante Gas Prices: Adelaide Hub data was reported at 13.550 AUD/GJ in Dec 2024. This records an increase from the previous number of 12.780 AUD/GJ for Sep 2024. Australia Short Term Trading Market: Average Daily Ex Ante Gas Prices: Adelaide Hub data is updated quarterly, averaging 7.180 AUD/GJ from Sep 2010 (Median) to Dec 2024, with 58 observations. The data reached an all-time high of 29.740 AUD/GJ in Jun 2022 and a record low of 2.410 AUD/GJ in Dec 2010. Australia Short Term Trading Market: Average Daily Ex Ante Gas Prices: Adelaide Hub data remains active status in CEIC and is reported by Australian Energy Regulator. The data is categorized under Global Database’s Australia – Table AU.P005: Gas Prices.

Australia Victorian Gas Market: Average Daily Weighted Imbalance Prices data was reported at 12.260 AUD/GJ in Dec 2024. This records an increase from the previous number of 12.070 AUD/GJ for Sep 2024. Australia Victorian Gas Market: Average Daily Weighted Imbalance Prices data is updated quarterly, averaging 5.275 AUD/GJ from Sep 2008 (Median) to Dec 2024, with 66 observations. The data reached an all-time high of 28.830 AUD/GJ in Jun 2022 and a record low of 1.300 AUD/GJ in Dec 2010. Australia Victorian Gas Market: Average Daily Weighted Imbalance Prices data remains active status in CEIC and is reported by Australian Energy Regulator. The data is categorized under Global Database’s Australia – Table AU.P005: Gas Prices. These are Imbalance weighted prices that use (forecast) imbalance volumes and prices for the five schedules each day.

As at June 2022, the gas price index was measured at around ***** points. This marked an increase compared to the beginning of the measured period, 2005, when the index value was 100 points.

In the fourth quarter of 2024, the average retail petrol price in Australia was ***** cents per liter. This marked a decrease compared to ***** cents per liter in the third quarter of 2023.

Natural gas rose to 3.36 USD/MMBtu on July 11, 2025, up 0.58% from the previous day. Over the past month, Natural gas's price has fallen 3.89%, but it is still 44.10% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Natural gas - values, historical data, forecasts and news - updated on July of 2025.

The Gas Supply industry consists of gas retailers that buy and sell gas, and gas distributors that operate the distribution networks carrying gas to end users. The retail and distribution functions are separated by regulation, with different companies performing these activities. Gas retailing accounts for the majority of industry revenue and is dominated by three companies; AGL Energy Limited, Origin Energy Limited and EnergyAustralia Holdings Limited. SGSP (Australia) Assets Pty Ltd, trading as Jemena, is among the largest gas distribution companies.Industry revenue is expected to rise at an annualised 2.2% over the five years through 2024-25, to $16.3 billion. This includes an anticipated decline of 9.6% in 2024-25 as prices ease. Turmoil in global energy markets related to the pandemic and the Russia-Ukraine war has flowed through to volatility in domestic gas prices. Strong competition among retailers has constrained growth in revenue and profit margins, with the larger retailers losing market share among residential customers. The development of LNG export facilities over the past decade has caused a significant share of Australian gas production to be shipped overseas, creating concern over domestic supply conditions on Australia's east coast. High prices on the domestic market have prompted an industrywide decline in profit as a share of revenue.The domestic price of natural gas is projected to remain elevated, with concerns over tightening supply conditions on Australia’s east coast. LNG exporters are likely to allocate a greater share of production to the domestic market to limit further market intervention by the Australian Federal Government. Domestic consumption of natural gas is forecast to come under pressure as households transition to more energy-efficient technologies. In the meantime, increased demand from gas-fired power stations will replace lost demand over the medium term, as gas-fired power is expected to provide firming capacity as the energy transition takes shape. Overall, industry revenue is forecast to fall at an annualised 4.8% over the five years through 2029-30, to $12.7 billion.

Graph and download economic data for Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for Australia (CPGREN01AUQ657N) from Q2 1971 to Q3 2023 about fuels, Australia, electricity, energy, gas, CPI, price index, indexes, and price.

In 2024, the gasoline price index in Australia reached *****, an increase from the previous year. The petrol price index compares average petrol prices to average salaries in a given year. The higher the index, the more petrol can be purchased by the average salary in a country.

In financial year 2024, the average market price of gas in Adelaide, Australia was 11.88 Australian dollars per gigajoule. This was a significant decrease from the previous year.

Australia Weekly Average Petrol Retail Prices: National data was reported at 173.800 0.01 AUD/l in 11 May 2025. This records a decrease from the previous number of 178.200 0.01 AUD/l for 04 May 2025. Australia Weekly Average Petrol Retail Prices: National data is updated weekly, averaging 175.400 0.01 AUD/l from Aug 2019 (Median) to 11 May 2025, with 300 observations. The data reached an all-time high of 212.500 0.01 AUD/l in 20 Mar 2022 and a record low of 98.263 0.01 AUD/l in 03 May 2020. Australia Weekly Average Petrol Retail Prices: National data remains active status in CEIC and is reported by Australian Institute of Petroleum. The data is categorized under Global Database’s Australia – Table AU.P007: Average Petrol and Diesel Prices: Weekly . [COVID-19-IMPACT]

Businesses in the Fuel Retailing industry have contended with volatile operating conditions. Fluctuating global crude oil, diesel fuel and petrol fuel prices have severely impacted the industry. A global oversupply of oil, compounded by sharply deteriorating demand because of the pandemic in 2019-20, reduced oil prices over the second half of that year. This trend filtered downstream through lower retail fuel prices, sharply reducing industry revenue in the same year. However, the Russia-Ukraine conflict caused a global crude oil supply deficit, heightening oil prices and boosting industry revenue as retailers passed costs on to customers. IBISWorld modelling projects revenue to climb by an annualised 4.4% over the five years through 2024-25 to $58.7 billion. This trend includes a dip of 4.5% in 2024-25, caused by a moderation of global crude oil prices. The industry's main fuel-related products are petroleum and diesel. Diesel sales have grown as more motorists have switched to diesel vehicles, which typically offer greater fuel economy. Energy-efficient hybrid or electric vehicles have become increasingly popular with motorists, threatening fuel demand. Industry profit margins are slim, with a high fuel turnover required to make a business viable. Most industry profit comes from selling non-fuel products like confectionery and tobacco. The recent hikes in US crude oil production are helping combat the deliberate slowing of OPEC+ drilling activity, which the alliance has performed to support crude oil prices. If plans to restart maximum capacity drillings come to fruition, world fuel prices will recede, providing relief at the bowser for domestic consumers and resulting in greater overall fuel consumption. Industry revenue is expected to strengthen at an annualised 1.1% through 2029-30 to $62.2 billion, partly thanks to a rising number of motor vehicles. Continued uptake of more fuel-efficient vehicles like hybrid cars is poised to constrain fuel demand growth. Still, the energy transition presents an opportunity for market domination for fuel retailers that adapt by rolling out EV charging stations.

The Australian oil and gas industry, while facing a negative CAGR of -4.19%, presents a complex picture influenced by global energy transitions and domestic policy. The market, valued at an estimated $XX million in 2025 (this value needs to be provided to complete the analysis), is segmented into upstream (exploration and production), midstream (transportation and storage), and downstream (refining and distribution). Upstream activities, particularly in offshore gas production, remain significant contributors to the nation's energy supply and export revenue. However, increasing environmental regulations, a global push towards renewable energy, and fluctuating global oil and gas prices significantly constrain growth. Furthermore, the industry faces challenges in attracting investment amidst uncertainties surrounding future energy demands and carbon emission targets. While companies like Woodside Petroleum Limited and BHP Group PLC play a crucial role, the industry's overall trajectory hinges on successfully navigating the transition to a lower-carbon future. This necessitates investments in carbon capture and storage technologies, alongside exploration and production of lower-emission energy sources. The ongoing exploration of new resources, alongside strategic partnerships, will determine the industry's long-term viability and resilience within the global energy landscape. Regional variations exist, with some areas experiencing higher levels of activity than others depending on specific geological conditions and resource availability. Government policies promoting sustainable energy development further influence the sector’s future, impacting investment decisions and ultimately shaping the industry’s overall growth. The long-term forecast (2025-2033) for the Australian oil and gas market remains uncertain. The negative CAGR suggests a potential contraction, though this may be offset by strategic investments in new technologies and projects. The geographical distribution of resources and production facilities within Australia, while favorable in certain pockets, will continue to shape the sector's regional performance. Further analysis is needed to accurately project specific regional market shares, which will vary based on individual projects and their success. Competitive pressures from international players and domestic policy changes will continue to influence the market's evolution, requiring adaptive strategies from companies operating in the Australian oil and gas sector. Diversification into renewable energy sources and related services might be critical for long-term survival and growth for existing players. Recent developments include: September 2022: Santos Ltd. sanctioned a USD 300 million pipeline project that would create an additional connection to its Darwin liquefied natural gas facility in Northern Australia., March 2023: ConocoPhillips announced through its Australian subsidiary that it is planning to become the upstream operator of Australia Pacific LNG (APLNG) following the closing of EIG's transaction with Origin Energy. The company also agreed to purchase up to an additional 2.49% of the shareholding in APLNG. After this transaction, it is expected to own around 49.99% of APLNG.. Key drivers for this market are: 4., Increasing Natural Gas Demand4.; Rising Pipeline Network and Associated Infrastructure Development. Potential restraints include: 4., Increasing Natural Gas Demand4.; Rising Pipeline Network and Associated Infrastructure Development. Notable trends are: Midstream Segment Expected to Witness Significant Demand.

Prior to 2015-16, investment in gas extraction and LNG production facilities across northern Australia supported the industry's growth. This investment was driven by technological advancements in natural gas extraction, liquefaction and long-distance transport. Furthermore, many companies in the upstream Oil and Gas Extraction industry outsourced site preparation and construction services to firms in the Oil and Gas Field Services industry. The construction of major LNG projects provided a significant source of industry demand, with revenue peaking in 2014-15. However, industry revenue fell sharply after these projects were completed. Over the past five years, industry revenue has increased thanks to spikes in 2021-22 and 2022-23, driven by global disruptions like the Russia-Ukraine conflict, which led to higher energy prices and strong demand for LNG exports. Heightened oil and gas extraction and large-scale investments in infrastructure greatly benefited service providers, especially in construction, engineering and maintenance roles, across resource-rich states. However, from 2023-24, industry activity has contracted sharply as energy prices stabilise, demand from key export markets like China declines and investor caution grows amid the global energy transition. As a result, the industry’s focus has shifted from construction to maintenance, asset management and decommissioning services. Larger global firms, like CIMIC and Worley, have dominated major contracts, while specialist providers have carved out roles in highly regulated or complex niches. Overall, industrywide revenue is expected to climb at an annualised 2.0% over the five years through 2025-26 to $2.6 billion. This includes an anticipated 4.6% fall in revenue in 2025-26. The industry’s performance is set to somewhat stabilise from the sharp declines experienced over the three years through 2025-26, with stable, but subdued, investment forecast. While moderating oil and gas prices will prevent a revenue recovery, a pipeline of new projects, like the Crux gas development, will support demand, particularly in construction-related segments. However, intensifying global competition from expanding LNG exporters in the United States and Qatar presents risks for industry growth. Regulatory challenges, rising decarbonisation, community pressure and volatile construction costs will continue to make new upstream developments more complex and costly, limiting large-scale expansion opportunities. As regulations tighten on asset retirement and site rehabilitations, ageing offshore fields are creating a significant opportunity for field service providers specialising in decommissioning, remediation and compliance. Industry revenue is forecast to fall at an annualised 2.5% over the five years through 2030-31 to $2.3 billion.

This report analyses the price of natural gas. The price of natural gas is measured by the natural gas input price index for manufacturers and is sourced from the Australian Bureau of Statistics. This measures the price of natural gas delivered to factories and includes all related costs such as distribution fees and non-deductable taxes. The historical data for this report uses the average value of a quarterly index over each financial year and is measured in index points. The base year for the index is 2012.

Australia Commodity Price Index: Weights: Other Resources: Liquefied Natural Gas data was reported at 5.100 % in Feb 2013. This stayed constant from the previous number of 5.100 % for Jan 2013. Australia Commodity Price Index: Weights: Other Resources: Liquefied Natural Gas data is updated monthly, averaging 5.100 % from Feb 2008 (Median) to Feb 2013, with 61 observations. The data reached an all-time high of 6.500 % in Aug 2009 and a record low of 5.100 % in Feb 2013. Australia Commodity Price Index: Weights: Other Resources: Liquefied Natural Gas data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.I051: Commodity Price Index: Weights (Old).

This statistic depicts the average retail prices for fuel in Australia in 2015, by city. In 2015, the petroleum price in Sydney was on average ***** cents per liter.

Statistics illustrates monthly prices of gas supply or production meters in Australia from January 2019 to June 2025.