Colac P98 price forecast
As of Tue 10 Nov, Colac P98 averages 261.8 c/L, and FuelRadar estimates it will fall about 1.5 c/L to 260.3 c/L by Tue 17 Nov. No weekday has been reliably cheaper over the last 11 full weeks; the cheapest station, Shell Reddy Express Colac, is 254.7 c/L, 7.1 c/L under the average.
P98Outlook updated
Likely to fall
Estimate only (yesterday's outlook): prices may edge down about 1.5 c/L by Tue 17 Nov. Over the last 55 days, 7-day estimates missed by 5.0 c/L on average; "no change" missed by 6.1 c/L.Cheapest of 4 stations: 254.7 c/L at Shell Reddy Express Colac · Updated
Lowest estimate: Mon 16 Nov, about 260.3 c/L (1.5 below today).
Chance of a rise of 5 c/L or more within 3 days: 20%
Alert me below 253.2
P98: last 30 days and the next 7
P98: last 30 days and the next 7. Reported history begins at 272.6 c/L on 11 Oct 2026. The forecast moves from 261.8 c/L on 10 Nov 2026 to 260.3 c/L on 17 Nov 2026.
Source: FuelRadar (fuelradar.com.au)
Reported city averages to Mon 9 Nov, then the FuelRadar Colac estimate dated Mon 9 Nov with its likely range shaded.
Day by day
Each day’s likely range and estimate, with the change from today’s 261.8 c/L (dashed line).
- likely 259.8 to 265.8 c/L261.3
- likely 258.9 to 267.7 c/L260.9
- likely 257.4 to 269.9 c/L260.7
- likely 256.0 to 272.1 c/L260.6
- likely 254.5 to 274.3 c/L260.4
- likely 253.1 to 276.5 c/L260.3
- likely 253.1 to 276.5 c/L260.3
Colac prices are typical right now
The city average of 262.4 c/L sits inside the usual range of 233.7 to 267.3 c/L for the last 90 days. That is higher than on 47% of the last 90 days.
Colac P98 forecast explained
What usually happens next
From the top of the cycle, prices usually fall: the estimate is down about 1.5 c/L to 260.3 c/L by . The modelled next low is around 260.3 c/L on . After a market-wide move, the model restated the cycle 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 13.7 c/L to 211.5 c/L over the five days to , and Brent crude fell 5.1% to US$98.32 a barrel. The estimate does not use them directly.
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 Mon 9 Nov.
| Capital | Average (c/L) | Price cycle | Call |
|---|---|---|---|
| Sydney | 251.8 | Cycle paused | 250.0 by Tue 17 Nov |
| Melbourne | 254.1 | Cycle paused | 252.1 by Tue 17 Nov |
| Brisbane | 252.7 | Cycle paused | 250.7 by Tue 17 Nov |
| Perth | 242.5 (lowest) | Falling since its peak · 4 days since the 256.6 peak | 230.8 by Tue 17 Nov |
| Adelaide | 242.9 | Cycle paused | 240.4 by Tue 17 Nov |
| Canberra | 267.7 | Cycle paused | 267.7 by Tue 17 Nov |
| Darwin | 275.3 | Cycle paused | 275.5 by Tue 17 Nov |
| Hobart | 264.0 | Cycle paused | 262.8 by Tue 17 Nov |
When is P98 cheapest in Colac?
No weekday was the cheapest in most of the last 11 full weeks to : the P98 weekday averages in Colac were within 0.5 c/L of each other once the overall price movement is removed.
| 90-day low | 229.1 c/LMon 17 Aug |
|---|---|
| Today against the 90-day low | +33.3 c/LCity average 262.4 c/L on Mon 9 Nov |
From 90 days of Colac P98 city daily averages to Mon 9 Nov.
See the Colac P98 forecast in the app
The 7-day forecast, a fill-now-or-wait call each day and price alerts. Free on iPhone and Android.
App preview. Prices shown are example captures, not current reports.
How accurate is the forecast?
- Forecast miss, 7 days ahead
- 4.65 c/L
- "Prices stay the same"
- 5.01 c/L
Source: FuelRadar (fuelradar.com.au)
Over 444 week-ahead checks the forecast missed by less than assuming prices stay the same.
| Ahead | Miss | No change | Result |
|---|---|---|---|
| Next day | 0.81 | 0.87 | Closer than no change |
| 3 days ahead | 1.87 | 2.34 | Closer than no change |
| 7 days ahead | 4.65 | 5.01 | Closer than no change |
| 14 days ahead | 8.05 | 8.20 | 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. | |||
Colac forecast graphics for news
The Colac P98 forecast board and "When to fill", sized for TV (16:9), feeds (4:5) and stories (9:16).
How we forecast
FuelRadar has helped Australian drivers find cheaper fuel since 2020. Each estimate starts from Colac'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 1.0 c/L on average, no better than assuming prices stay the same (1.0 c/L).
56 days checked · 15 Sept to 9 Nov
Forecast test resultsForecast questions
When will P98 prices go down in Colac?
Estimate only (yesterday's outlook): P98 in Colac is estimated to edge down about 1.5 c/L, to 260.3 c/L by Tue 17 Nov (likely 253.1–276.5), from 261.8 c/L estimated for Tue 10 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 Colac?
No weekday was consistently cheaper in Colac over the last 11 full weeks to Sun 8 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?
Not accurate enough yet to tell you to fill or wait, so we don't. Each estimate shows its likely range. From 15 Sept to 9 Nov our next-day P98 forecasts for Colac were off by 1.0 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 Colac in the last 90 days?
Since Wed 12 Aug, the Colac P98 city daily average ranged from 229.1 c/L on Mon 17 Aug to 273.6 c/L on Wed 14 Oct. It was 262.4 c/L on Mon 9 Nov.
Will p98 prices go up tomorrow in Colac?
Estimate only: FuelRadar's Colac estimate for Wed 11 Nov is 261.3 c/L, down 0.5 c/L on the 261.8 c/L estimated for Tue 10 Nov. Next-day estimates for Colac missed by 1.0 c/L on average over 56 days checked, about the same as assuming prices stay the same. Check current station prices before you wait to fill.
When will diesel prices go down in Colac?
Diesel does not usually follow the petrol price cycle, so there is no regular low to wait for. The Colac diesel city daily average was 281.5 c/L on Mon 9 Nov, down 3.8 c/L over 30 days. The national wholesale diesel price fell 9.7 c/L over the five days to Fri 6 Nov. FuelRadar names no date for a fall: the Colac 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. While the update runs, we may show the previous forecast with its date.
Fuel price reports
What drivers paid in every state and territory in October 2026, town by town.
- Australia U91
- 242.8c/L +17.3 on 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