Noranda P98 price forecast
As of Fri 13 Nov, Noranda P98 averages 234.9 c/L, and FuelRadar estimates it will fall about 4.3 c/L to 230.6 c/L by Fri 20 Nov.
P98
Likely to fall
Estimate only: prices may edge down about 4.3 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).
Perth's average last bottomed at 229.3 c/L on Wed 11 Nov, 2 days ago, and is 4.8 c/L higher now. Its last peak was 256.6 c/L on Thu 5 Nov.
How sure: a week ahead, the estimate has been off by 4.5 c/L on average over 50,257 checks.
Near the low point of this cycle
At 234.1 c/L, the city average is 22.5 c/L below the 256.6 peak on Thu 5 Nov and 4.8 c/L above the 229.3 low on Wed 11 Nov. Prices overall are higher than on 26% of the last 91 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 Fri 13 Nov.
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More about the Noranda forecast
Noranda P98 forecast explained
Where prices sit
Noranda uses the Perth P98 outlook, adjusted by 0.8 c/L for Noranda's own price history.
What usually happens next
From the bottom of the cycle, prices usually fall: the estimate is down about 4.3 c/L to 230.6 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 Perth fell 14.2 c/L over the five days to , and Brent crude rose 2.8% to US$95.20 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. The forecast moves from 234.9 c/L on 13 Nov 2026 to 230.6 c/L on 20 Nov 2026.
Source: FuelRadar (fuelradar.com.au)
Reported city averages to Fri 13 Nov, then the FuelRadar Perth estimate dated Fri 13 Nov with its likely range shaded, shifted 0.8 c/L higher for Noranda's local prices.
Lowest estimate: Mon 16 Nov, about 227.9 c/L (7.0 below today).
Day by day
Each day’s likely range and estimate, with the change from today’s 234.9 c/L (dashed line).
- likely 228.8 to 233.5 c/L231.5
- likely 224.8 to 236.5 c/L229.7
- likely 220.8 to 239.5 c/L227.9
- likely 220.8 to 240.9 c/L228.6
- likely 220.7 to 242.2 c/L229.3
- likely 220.6 to 243.5 c/L229.9
- likely 220.5 to 244.9 c/L230.6
When is fuel cheapest in Perth?
P98 prices in Perth have cycled about every 7 days over the last 12 completed cycles since Aug 2026.
A typical cycle rose 13.1 c/L in about 1 day from its low, then fell 12.8 c/L from the peak to the next low.
Prices usually stayed within 2 c/L of the low for about 1 day.
Wednesday is usually the cheapest day for P98 in Perth: it was the lowest in 11 of 11 full weeks to , 6.8 c/L under the weekly average. Thursday was the dearest in 11 of 11.
| Typical cycle, low to low | 7 days |
|---|---|
| Rise from the low to the peak | 13.1 c/LOver about 1 day |
| Fall from the peak to the next low | 12.8 c/L |
| Days near the bottom | 1 dayWithin 2 c/L of the low |
| Cheapest weekday | WednesdayLowest in 11 of 11 full weeks |
Medians over the last 12 completed Perth cycles since Aug 2026, from the city daily averages.
What usually follows a Perth price peak
What usually happens after a peak
Past 12 cyclesSource: FuelRadar (fuelradar.com.au)
7 days after their peak, the last 12 Perth cycles since Aug 2026 sat a median 1.0 c/L below the peak, the middle half from 1.7 below to 3.6 above.
Past Perth cycles lined up on their peak day, from the city daily averages. A record of past cycles, not a forecast.
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 Perth'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 Perth P98 outlook, adjusted by 0.8 c/L using local price history. The likely range widens with each day ahead.
Next-day estimates missed by 1.0 c/L on average, closer than assuming prices stay the same (3.8 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 P98 prices go down in Noranda?
Estimate only: P98 in Noranda is estimated to edge down about 4.3 c/L, to 230.6 c/L by Fri 20 Nov (likely 220.5–244.9), from 234.9 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 P98 in Noranda?
There is no fixed best day for Noranda. 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 P98 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 P98 forecasts for Perth were off by 1.0 c/L on average over 30 days checked. That beat assuming prices wouldn't move (3.8 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.