Toowoomba P98 price forecast
As of Sat 14 Nov, Toowoomba P98 averages 251.1 c/L, and FuelRadar estimates it will fall about 6.8 c/L to 244.3 c/L by Sat 21 Nov.
P98Outlook updated
Likely to fall
Estimate only: prices may edge down about 6.8 c/L by Sat 21 Nov.
Chance of a rise of 5 c/L or more within 3 days: 11%
How sure: a week ahead, the estimate has been off by 3.6 c/L on average over 516 checks, closer than assuming prices stay the same (3.9 c/L).
Toowoomba prices are typical right now
The city average of 251.1 c/L sits inside the usual range of 229.9 to 262.4 c/L for the last 91 days. That is higher than on 36% of the last 91 days.
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Cheapest P98 in Toowoomba now
Updated
Capital cities
Each capital's latest city daily average and its call; each row opens that city's forecast. City daily averages, not station prices. Averages dated Sat 14 Nov.
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More about the Toowoomba forecast
Toowoomba P98 forecast explained
What usually happens next
The estimate is down about 6.8 c/L to 244.3 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 3.7% to US$96.00 a barrel. The estimate does not use them directly.
P98 forecast chart and daily figures
P98: last 30 days and the next 7
P98: last 30 days and the next 7. Reported history begins at 264.5 c/L on 16 Oct 2026. The forecast moves from 251.1 c/L on 14 Nov 2026 to 244.3 c/L on 21 Nov 2026.
Source: FuelRadar (fuelradar.com.au)
Reported city averages to Sat 14 Nov, then the FuelRadar Toowoomba estimate dated Sat 14 Nov with its likely range shaded.
First lower estimate: Sun 15 Nov, about 249.7 c/L (1.4 below today).
Day by day
Each day’s likely range and estimate, with the change from today’s 251.1 c/L (dashed line).
- likely 248.9 to 251.4 c/L249.7
- likely 247.0 to 252.6 c/L248.7
- likely 245.1 to 253.8 c/L247.7
- likely 243.2 to 255.3 c/L246.8
- likely 241.3 to 256.9 c/L246.0
- likely 239.4 to 258.5 c/L245.2
- likely 237.4 to 260.0 c/L244.3
When is fuel cheapest in Toowoomba?
No weekday was the cheapest in most of the last 11 full weeks to : the P98 weekday averages in Toowoomba were within 1.0 c/L of each other once the overall price movement is removed.
| 90-day low | 223.5 c/LSun 16 Aug |
|---|---|
| Today against the 90-day low | 27.6 c/L overCity average 251.1 c/L on Sat 14 Nov |
From 91 days of Toowoomba P98 city daily averages to Sat 14 Nov.
How Toowoomba compares
On Sat 14 Nov Toowoomba's P98 city average was 10.6 c/L above Brisbane's. It is 3.2 c/L above the Queensland average and 5.9 c/L above the Australia average of current station reports. Toowoomba's city daily average was 263.2 c/L in October, 17.0 c/L higher than in September. Toowoomba's price cycle is paused, with no regular price jumps lately (the last jump started Tue 3 Mar). Toowoomba averaged 238.3 c/L for U91 in October 2026, the 32nd cheapest of the 131 Queensland towns we ranked and 0.8 c/L above Brisbane.
| Area | P98 average (c/L) |
|---|---|
| ToowoombaCity daily average, Sat 14 Nov | 251.1 |
| BrisbaneCity daily average, Sat 14 Nov | 240.5 |
| Queensland1,219 current station reports | 247.9 |
| Australia6,008 current station reports | 245.2 |
How accurate is the forecast?
- Forecast miss, 7 days ahead
- 3.58 c/L
- "Prices stay the same"
- 3.88 c/L
Source: FuelRadar (fuelradar.com.au)
Over 516 week-ahead checks the forecast missed by less than assuming prices stay the same.
| Ahead | Miss | No change | Result |
|---|---|---|---|
| Next day | 0.54 | 0.67 | Closer than no change |
| 3 days ahead | 1.50 | 1.83 | Closer than no change |
| 7 days ahead | 3.58 | 3.88 | Closer than no change |
| 14 days ahead | 6.69 | 7.14 | Closer than no change |
| Average miss in c/L over each horizon's replay checks. The 7-day row decides whether the call names a direction. | |||
Toowoomba forecast graphics for news
How we forecast
FuelRadar has helped Australian drivers find cheaper fuel since 2020. Each estimate starts from Toowoomba'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 0.55 c/L on average over the 56 days to 14 Nov, closer than assuming prices stay the same (0.58 c/L).
56 days checked · 20 Sept to 14 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 Toowoomba?
Likely to fall: P98 in Toowoomba is estimated to edge down about 5.9 c/L, to 245.2 c/L by Fri 20 Nov (likely 239.4–258.5), from 251.1 c/L reported Sat 14 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 Toowoomba?
No weekday was consistently cheaper in Toowoomba over the last 11 full weeks to Fri 13 Nov once the overall price movement is removed: the weekday averages were within 1.0 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 20 Sept to 14 Nov our next-day P98 forecasts for Toowoomba were off by 0.6 c/L on average over 56 days checked. That beat assuming prices wouldn't move (0.6 c/L).
What were the lowest and highest P98 prices in Toowoomba in the last 90 days?
Since Sun 16 Aug, the Toowoomba P98 city daily average ranged from 223.5 c/L on Sun 16 Aug to 266.1 c/L on Wed 14 Oct. It was 251.1 c/L on Sat 14 Nov.
Will p98 prices go up tomorrow in Toowoomba?
Estimate only: FuelRadar's Toowoomba estimate for Sun 15 Nov is 249.7 c/L, down 1.4 c/L on the 251.1 c/L reported for Sat 14 Nov. Next-day estimates for Toowoomba missed by 0.6 c/L on average over 56 days checked, closer than assuming prices stay the same. Check current station prices before you buy.
When will diesel prices go down in Toowoomba?
Diesel does not usually follow the petrol price cycle, so there is no regular low to wait for. The Toowoomba diesel city daily average was 265.9 c/L on Sat 14 Nov, down 12.6 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 Toowoomba 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.