Newcastle P98 price forecast
As of Sun 15 Nov, Newcastle P98 averages 249.6 c/L, and FuelRadar estimates it will fall about 3.2 c/L to 246.4 c/L by Sun 22 Nov.
P98Outlook updated
More fuels (1)
Likely to fall
Estimate only: prices may edge down about 3.2 c/L by Sun 22 Nov.
- Last 7 days
- Down 8.7 c/L
- Chance of a 5 c/L+ rise in 3 days
- 15%
- Typical miss, a week ahead
- 4.3 c/L(no change: 4.7)
Newcastle prices are typical right now
Cheaper than on 65% of the last 91 days. Usual range 232.1 to 264.5 c/L.
Alert me
- At a priceAlert me below 231.5Get a price alert in the FuelRadar app.
- Follow Newcastle by emailFollow NewcastleFree email when prices start rising
Capital cities
City averages, Sun 15 Nov.
See the Newcastle P98 forecast in the app
The 7-day Newcastle forecast, updated each day, and price alerts. Free on iPhone and Android.
App preview. Prices shown are example captures, not current reports.
Questions about the Newcastle forecast
Newcastle P98 forecast explained
What usually happens next
The estimate is down about 3.2 c/L to 246.4 c/L by . After a market-wide move, the model restated its estimate at today's price level, so it does not expect a return to the earlier low.
What could change it
Wholesale and crude signals: the national wholesale petrol price fell 15.7 c/L to 195.8 c/L over the five days to , and Brent crude rose 3.5% to US$95.84 a barrel. The estimate does not use them directly.
What is the P98 estimate each day, and can I download it?
P98: last 30 days and the next 7
P98: last 30 days and the next 7. Reported history begins at 267.0 c/L on 17 Oct 2026. The forecast moves from 249.6 c/L on 15 Nov 2026 to 246.4 c/L on 22 Nov 2026.
Source: FuelRadar (fuelradar.com.au)
Reported city averages to Sun 15 Nov, then the FuelRadar Newcastle estimate dated Sun 15 Nov with its likely range shaded.
First lower estimate: Mon 16 Nov, about 249.0 c/L (0.6 below today).
Day by day
Each day’s likely range and estimate, with the change from today’s 249.6 c/L (dashed line).
- likely 247.8 to 250.3 c/L249.0
- likely 246.0 to 252.1 c/L248.5
- likely 244.2 to 254.0 c/L248.0
- likely 242.4 to 256.9 c/L247.6
- likely 240.6 to 259.8 c/L247.2
- likely 238.9 to 262.8 c/L246.8
- likely 237.1 to 265.7 c/L246.4
When is fuel cheapest in Newcastle?
No weekday was the cheapest in most of the last 11 full weeks to : the P98 weekday averages in Newcastle were within 0.5 c/L of each other once the overall price movement is removed.
| 90-day low | 220.3 c/LMon 17 Aug |
|---|---|
| Today against the 90-day low | 29.3 c/L overCity average 249.6 c/L on Sun 15 Nov |
From 91 days of Newcastle P98 city daily averages to Sun 15 Nov.
How Newcastle compares
On Sun 15 Nov Newcastle's P98 city average was 9.3 c/L above Sydney's. It is 2.7 c/L above the New South Wales average and 4.8 c/L above the Australia average of current station reports. Newcastle's city daily average was 265.2 c/L in October, 16.4 c/L higher than in September. Newcastle's price cycle is paused, with no regular price jumps lately (the last jump started Mon 2 Mar). Newcastle averaged 240.1 c/L for U91 in October 2026, the 40th cheapest of the 182 New South Wales towns we ranked and 1.7 c/L above Sydney.
| Area | P98 average (c/L) |
|---|---|
| NewcastleCity daily average, Sun 15 Nov | 249.6 |
| SydneyCity daily average, Sun 15 Nov | 240.3 |
| New South Wales1,821 current station reports | 246.9 |
| Australia6,012 current station reports | 244.8 |
How accurate is the forecast?
- Forecast miss, 7 days ahead
- 4.30 c/L
- "Prices stay the same"
- 4.68 c/L
Source: FuelRadar (fuelradar.com.au)
Over 551 week-ahead checks the forecast missed by less than assuming prices stay the same.
| Ahead | Miss | No change | Result |
|---|---|---|---|
| Next day | 0.73 | 0.88 | Closer than no change |
| 3 days ahead | 1.79 | 2.26 | Closer than no change |
| 7 days ahead | 4.30 | 4.68 | Closer than no change |
| 14 days ahead | 7.66 | 7.86 | About the same as no change |
| Average miss in c/L over each horizon's replay checks. The 7-day row decides whether the call names a direction. | |||
Newcastle forecast graphics for news
How does FuelRadar make the forecast?
FuelRadar has helped Australian drivers find cheaper fuel since 2020. Each estimate starts from Newcastle's reported daily city averages and how they have moved recently. A city daily average is FuelRadar's scheduled morning average of the city's reported station prices, the figure this page quotes for every capital. Where a city has a regular price cycle, the estimate projects that cycle; elsewhere it follows the recent trend, blended with the latest dated wholesale price change. The likely range widens with each day ahead.
Next-day estimates missed by 0.7 c/L on average over the 56 days to 15 Nov, about the same as assuming prices stay the same (0.7 c/L).
56 days checked · 21 Sept to 15 Nov
Forecast test resultsFuel price reports
What drivers paid in every state and territory in October 2026, town by town.
- Australia U91
- 242.8c/L 17.3 c/L higher than the period before
- Read the Australian reportEvery town we could rank, the capital against the rest and the cost of a litre
- Australian fuel price reportPDF · October 2026Download
- Every fuel price report
Forecast questions
When will P98 prices go down in Newcastle?
Likely to fall: P98 in Newcastle is estimated to edge down about 2.8 c/L, to 246.8 c/L by Sat 21 Nov (likely 238.9–262.8), from 249.6 c/L reported Sun 15 Nov. The dated 30-day forecast shows a likely range, not a promised low date. Check current station prices before changing when you fill.
What is the best day to buy P98 in Newcastle?
No weekday was consistently cheaper in Newcastle over the last 11 full weeks to Sat 14 Nov once the overall price movement is removed: the weekday averages were within 0.5 c/L of each other.
How accurate is FuelRadar Australia's P98 price outlook?
Accurate enough for tomorrow's call. Further out it is an estimate, and the range widens with each day. From 21 Sept to 15 Nov our next-day P98 forecasts for Newcastle were off by 0.7 c/L on average over 56 days checked. Assuming prices wouldn't move was just as close.
What were the lowest and highest P98 prices in Newcastle in the last 90 days?
Since Mon 17 Aug, the Newcastle P98 city daily average ranged from 220.3 c/L on Mon 17 Aug to 269.5 c/L on Wed 14 Oct. It was 249.6 c/L on Sun 15 Nov.
Will p98 prices go up tomorrow in Newcastle?
Estimate only: FuelRadar's Newcastle estimate for Mon 16 Nov is 249.0 c/L, down 0.6 c/L on the 249.6 c/L reported for Sun 15 Nov. Next-day estimates for Newcastle missed by 0.7 c/L on average over 56 days checked, about the same as assuming prices stay the same. Check current station prices before you buy.
When will diesel prices go down in Newcastle?
Diesel does not usually follow the petrol price cycle, so there is no regular low to wait for. The Newcastle diesel city daily average was 264.4 c/L on Sun 15 Nov, down 14.5 c/L over 30 days. The national wholesale diesel price fell 9.9 c/L over the five days to Fri 13 Nov. FuelRadar names no date for a fall: the Newcastle diesel forecast gives its day-by-day estimate and likely range.
How often is the outlook updated?
We update the forecast overnight. For anything that changed today, check the map.