Omeo U91 price forecast
As of Fri 13 Nov, Omeo U91 averages 252.0 c/L, and FuelRadar estimates it will fall about 1.0 c/L to 251.0 c/L by Fri 20 Nov.
U91
Likely to fall
Estimate only (yesterday's outlook): prices may edge down about 1.0 c/L by Fri 20 Nov.
More about this price
Past 7-day estimates missed by about 4.5 c/L on average, only slightly less than assuming prices stay the same (4.7 c/L).
How sure: a week ahead, the estimate has been off by 4.5 c/L on average over 50,257 checks.
Melbourne prices are typical right now
The city average of 221.4 c/L sits inside the usual range of 206.0 to 235.7 c/L for the last 90 days. That is higher than on 38% of the last 90 days.
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 Thu 12 Nov.
See the Omeo U91 forecast in the app
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More about the Omeo forecast
Omeo U91 forecast explained
Where prices sit
Omeo uses the Melbourne U91 outlook, adjusted by 31.9 c/L for Omeo's own price history.
What usually happens next
Following Melbourne's price cycle, prices usually fall: the estimate is down about 1.0 c/L to 251.0 c/L by . 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: wholesale petrol in Melbourne fell 13.3 c/L over the five days to , and Brent crude fell 5.3% to US$93.12 a barrel. The estimate does not use them directly.
U91 forecast chart and daily figures
U91: last 30 days and the next 7
U91: last 30 days and the next 7. The forecast moves from 252.0 c/L on 13 Nov 2026 to 251.0 c/L on 20 Nov 2026.
Source: FuelRadar (fuelradar.com.au)
Reported city averages to Thu 12 Nov, then the FuelRadar Melbourne estimate dated Thu 12 Nov with its likely range shaded, shifted 31.9 c/L higher for Omeo's local prices.
Lowest estimate: Sun 15 Nov, about 249.9 c/L (2.1 below today).
Day by day
Each day’s likely range and estimate, with the change from today’s 252.0 c/L (dashed line).
- likely 248.3 to 255.1 c/L250.9
- likely 246.0 to 255.9 c/L249.9
- likely 244.6 to 258.3 c/L250.1
- likely 243.3 to 260.8 c/L250.4
- likely 242.0 to 263.3 c/L250.7
- likely 240.7 to 265.8 c/L251.0
- likely 240.7 to 265.8 c/L251.0
When is fuel cheapest in Melbourne?
Melbourne's price cycle is paused, with no regular price jumps lately (the last jump started Fri 18 Sept): its U91 prices are following wholesale costs and the recent trend, so they tend to move a week or two after the terminal gate price.
On Fri 6 Nov the national terminal gate (wholesale) price was 211.5 c/L and the Melbourne city average 233.7 c/L, 22.2 c/L above it.
No weekday was the cheapest in most of the last 12 full weeks to : the U91 weekday averages in Melbourne were within 1.8 c/L of each other once the overall price movement is removed.
| Cheapest weekday | No set dayNo day led most of 12 full weeks |
|---|
Terminal gate prices published by the Australian Institute of Petroleum.
How accurate is the forecast?
- Forecast miss, 7 days ahead
- 4.55 c/L
- "Prices stay the same"
- 4.70 c/L
Source: FuelRadar (fuelradar.com.au)
The week-ahead forecast has not yet beaten "prices stay the same", so every estimate is labelled "Estimate only" with its average miss.
From 50,257 checks of the seven-day estimate against the reported city daily average, beside assuming prices stay the same over the same days.
| Ahead | Miss | No change | Result |
|---|---|---|---|
| Next day | 0.87 | 0.97 | Closer than no change |
| 3 days ahead | 2.08 | 2.37 | Closer than no change |
| 7 days ahead | 4.55 | 4.70 | About the same as no change |
| 14 days ahead | 7.89 | 8.00 | 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. | |||
How we forecast
FuelRadar has helped Australian drivers find cheaper fuel since 2020. Each estimate starts from Melbourne'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. Based on the Melbourne U91 outlook, adjusted by 31.9 c/L using local price history. The likely range widens with each day ahead.
Next-day estimates missed by 0.9 c/L on average, closer than assuming prices stay the same (1.0 c/L).
30 days checked · 10 Oct to 8 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 U91 prices go down in Omeo?
Estimate only (yesterday's outlook): U91 in Omeo is estimated to edge down about 1.0 c/L, to 251.0 c/L by Fri 20 Nov (likely 240.7–265.8), from 252.0 c/L estimated for Fri 13 Nov. Past 7-day estimates missed by about 4.5 c/L on average, only slightly less than assuming prices stay the same (4.7 c/L). 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 U91 in Omeo?
There is no fixed best day for Omeo. Compare current reported station prices and their update times. A recent high or a lower estimate does not confirm a cheaper date.
How accurate is FuelRadar Australia's U91 price outlook?
Not accurate enough yet to tell you to fill or wait, so we don't. From 10 Oct to 8 Nov our next-day U91 forecasts for Melbourne were off by 0.9 c/L on average over 30 days checked. That beat assuming prices wouldn't move (1.0 c/L).
Do higher prices mean they will fall soon?
A recent high does not confirm a turnaround. Compare the reported movement with the estimated range. If that range still includes today's price, a fall is not established. Check current station prices before deciding to wait.
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.