Perth petrol price to be 35¢ a litre more expensive on ‘cheap Tuesday’ than last week

Perth’s average petrol price will be about 35¢ a litre more expensive on Tuesday compared with last week, threatening to upend what has become known as “cheap fuel” day.

Official figures from FuelWatch show the average price of Perth’s regular unleaded petrol will hit 193.8¢ on Tuesday, up from 159.3¢ a week ago.

The price increase threatens to upend Perth’s usual weekly price cycle, where average prices peak on Wednesday and gradually ease over the subsequent six days. On Friday, the average price was $1.87.

Caltex on Tuesday will charge an average of 202.3¢ per litre for unleaded petrol, the most expensive in Perth, followed by Reddy Express at 201.9¢ and United at 194.8¢.

The highest overall price is 209.9¢ per litre, at several Shell and BPs, including Mount Lawley and Redcliffe.

The cheapest of the big brands will be 7-Eleven at 186.3¢, with the cheapest fuel overall to be found at Costco, at 172.7¢ per litre.

It comes as the war in the Middle East sparks panic buying of petrol.

The conflict is already stopping the supply of crude oil through the Strait of Hormuz, which is leading to fuel rationing to distributors by United Petroleum, Australia’s biggest independent retailer.

On Monday, the Wheatbelt’s Shire of Trayning said Great Southern Fuels were now restricting the hours in which customers could pump fuel from their bowsers.