Fuelcast: Petrol vs diesel

4/24/202610 min

Petrol prices are moving closer to where they were before the war began - but diesel is telling a different story.

With Brent crude rising again, why has unleaded eased while diesel remains so high, and what does that say about global supply?

Carrington Clarke and Alan Kohler help you stay on top of the numbers behind the ongoing energy crisis on Fuelcast on ABC Business Daily.

Got a burning brent crude question?

Send an email to Carrington and the team abcbusinessdaily@abc.net.au

Clips

First 90 seconds

Carrington Clarke· Host0:00
[upbeat music] ABC Listen. Podcasts, radio, news, music, and more [upbeat music] Welcome to Fuel Cast. I'm Carrington Clark, and this is your source to stay on top of the numbers behind the ongoing energy crisis. It's Friday, April the 24th. We're recording mid-morning. Let's dig in. The price of Brent Crude has risen again, currently sitting at around 106 US dollars a barrel. Since we last checked in, the average national price of unleaded has dropped to $1.91 per liter, and the national average price of diesel has dropped to $2.72 per liter. Today, I'm joined by Alan Kohler to dig into today's major energy headlines. Good morning, Alan.
Alan Kohler· Guest0:48
Good morning, Carrington.
Carrington Clarke· Host0:48
Alan, we're about to go into a long weekend for some of Australia, and I wanted to kind of look back at the last public holiday that we had, the Easter long weekend, to see how we're sitting when it comes to fuel prices. So I looked back. The price of unleaded was around $2.30 back on April the 3rd. Uh, today, as we said, is about $1.91. It was about $1.80 before the conflict began. Now, diesel is also lower than it was. It was around $3.10 for the Easter long weekend. It's now sitting at $2.72 per liter. But it was less than $1.90 when the war began. So it raises the obvious question: Why is it that we've seen