Victoria petrol price forecast
Unleaded 91, metro average
VIC is near a cycle peak.
Prices usually fall from here over the next week.
Next 7 days
Forecast ยท metroWhy this verdict
Victoria looks near the top of its price cycle.
Retail momentum โ Station prices have been rising by about 1.2ยข/L a day recently.
Oil prices โ Oil priced in Australian dollars has been steady, adding no push either way.
Model outlook โ Weighing both together, the model shifts its day-ahead outlook up by about 0.6ยข/L a day.
Built from 363 days of price history at 72% model confidence. A smaller market, so the model is deliberately more cautious.
Past 30 days & next 7 days
What the forecast watches
The Victoria forecast starts from the same wholesale inputs every state shares โ the price of oil in Australian dollars and the AUD/USD exchange rate. When these move, pump prices tend to follow.
How these forecasts work
What goes in
30 days of station prices from official state government feeds, Brent crude oil priced in both US and Australian dollars, and the AUD/USD exchange rate.
How often it updates
Forecasts regenerate about every six hours.
How it's built
Recent station-price momentum is blended with oil-price movement to project the next 7 days for each state. Each state also gets a cycle verdict โ fill up now or wait โ anchored on its metro average.
Being honest about it
Forecasts are statistical estimates, not guarantees โ confidence is shown per day, and accuracy is measured against what prices actually did.
This page shows the Victoria model; every state shares the same inputs.
Frequently asked questions
Will Victoria fuel prices go up or down?
The forecast shows the model's 7-day direction for Victoria, based on where prices sit in the local cycle plus oil and exchange-rate pressure. Check the verdict and timeline above for the current read โ it is a guide, not a guarantee.
How often is the Victoria forecast updated?
New forecasts for Victoria are generated about every six hours as fresh prices and market data arrive. This page serves a cached copy that refreshes within about fifteen minutes of each run.
What does the confidence figure mean?
Each day carries a confidence score reflecting how much history and how clear a signal the model had for Victoria. Higher means a firmer read; lower means treat it as a rough guide. It is not a probability or a guaranteed price range.
What drives the Victoria forecast?
Recent Victoria station prices, the price of oil in Australian dollars, and the AUD/USD exchange rate. Wholesale costs feed through to the pump with a delay, so oil and the dollar hint at where prices are heading.
Is the Victoria forecast a guarantee?
No โ it is an estimate and can be wrong. Use it as a guide alongside live prices when you decide where and when to fill up in Victoria.