Premium 98 Prices Across Australia

The national average premium 98 price in Australia is 233.2 cents per litre as of 29 August 2026, based on 6,841 stations tracked twice daily via official government APIs (NSW FuelCheck, QLD Fuel API, SA Informed Sources, VIC Fair Fuel, WA FuelWatch, NT MyFuel, TAS FuelCheck) plus community-verified sources for ACT and NZ. Prices range from 175.9c/L (cheapest) to 373.9c/L (most expensive), a 198.0c spread.

Currently, Premium 98 is available at 6,841 service stations across 22 Australian states and territories. Prices range from 175.9c to 373.9c per litre, with a national average of 233.2c/L. The 198.0c/L price spread means savvy motorists can save up to $99.00 on a 50L tank by shopping around. Premium 98 commands a 16.8c/L premium (7.8%) over regular Unleaded 91. Tasmania offers the cheapest P98 prices (averaging 228.1c/L), while Northern Territory is 25.0c/L higher at 253.1c/L. Among major retailers, Costco consistently offers competitive P98 pricing, averaging 214.2c/L across their 15 stations.

Last updated: 06:20 PM, 29 Aug 2026

5 cheapest premium 98 stations in Australia right now

# Station Suburb Premium 98
1 Shell Ampm Highway Albany, WA 175.9c
2 Billabong Roadhouse Meadow, WA 195.0c
3 Billabong Roadhouse Meadow, WA 195.0c
4 Speed Service Station Speed, VIC 202.9c
5 Metro Brunswick West Brunswick West, VIC 202.9c

Find premium 98 near me right now →

233.2c
Average Price
175.9c
Cheapest Price
6,841+
Stations
198.0c
Price Range

PetrolSMART. Smart Fuel Insights

Prices Holding Steady
Prices are pretty stable at the moment. We're tracking 7,060 stations across Australia.
98 Price Drops Found
We've spotted 98 servos with recent price drops, currently cheaper than their local area average.
Cheapest Day: Wednesday
Looking at the data, Wednesday tends to have the best prices. Worth planning your fill around if you can.

PetrolSMART Price Intelligence

98
Price Drops
in last 24h
PetrolSMART Market Sentiment
5%
23%
69%
2%
Fill Now
Good Value
Fair
Wait
Check

69% of stations suggest waiting might save you money

Price Cycle Overview

Distribution of stations across cycle phases in Premium 98

Dominant
Falling
5% conf
Low 0% (12)
Rising 7% (961)
High 0% (9)
Falling 93% (12558)
Falling Phase Dominant
Prices dropping - might pay to wait a bit
7-Day Price Forecast
-1.5c
average expected change
3749
forecasting
drop
1963
stable
1348
forecasting
rise
Prices Expected to Hold Steady
Prices across Premium 98 are expected to remain relatively stable over the next week. Fill up when convenient.
Best Day to Fill Up
Wednesday

Based on historical price patterns in Premium 98, Wednesday tends to offer the best prices. Midweek can be a sweet spot before weekend price hikes.

Compared to Unleaded 91

16.8c/L more expensive

(7.8% premium) – ULP averages 216.4c/L vs P98 at 233.2c/L

Premium 98 Prices by State

State Average Cheapest Highest Stations
Tasmania 228.1c 217.7c 236.9c 24
Queensland 229.6c 208.9c 298.0c 1,324
New South Wales 230.3c 204.7c 324.0c 1,913
Western Australia 230.4c 175.9c 297.9c 846
Victoria 230.5c 202.9c 300.5c 1,713
South Australia 232.1c 212.5c 299.9c 567
Australian Capital Territory 234.0c 216.7c 249.9c 124
Northern Territory 253.1c 231.9c 337.9c 41

Cheapest Premium 98 Stations

# Station Brand Suburb State Price
1 Shell Ampm Highway Shell Albany WA 175.9c
2 Billabong Roadhouse Independent Meadow WA 195.0c
3 Billabong Roadhouse Independent Meadow WA 195.0c
4 Speed Service Station Shell Speed VIC 202.9c
5 Metro Brunswick West Metro Brunswick West VIC 202.9c
6 Metro Brunswick West Metro Brunswick West VIC 202.9c
7 Matthews Mortlake Matthews Mortlake VIC 203.9c
8 LMCT+ Preston - (Members Only) LMCT+ Preston VIC 204.5c
9 Costco Lake MacQuarie (Members Only) Costco Boolaroo NSW 204.7c
10 Burk Bendigo Burk Epsom VIC 205.3c
11 APCO White Hills APCO White Hills VIC 205.3c
12 APCO White Hills APCO White Hills VIC 205.3c
13 Medco Maitland Independent Maitland NSW 205.5c
14 Mobil White Hills Exxon White Hills VIC 206.3c
15 Mobil White Hills Mobil White Hills VIC 206.3c

Premium 98 Prices by Brand

Brand Average Price Cheapest Stations
Costco 214.2c 204.7c 15
Pearl Energy 218.1c 208.5c 73
APCO 218.2c 205.3c 20
Burk 218.4c 205.3c 20
Speedway 219.4c 211.5c 47
Atlas 219.8c 210.9c 27
Solo 220.1c 206.5c 31
Pacific 221.3c 209.9c 19
Metro 221.3c 202.9c 253
Ultra Petroleum 222.5c 206.7c 12
Petro Fuels 222.6c 216.9c 7
Matthews 222.9c 203.9c 9

About Premium 98

The highest octane petrol available in Australia. Designed for high-performance and luxury vehicles that require maximum octane for optimal performance.

Suitable for: High-performance vehicles, sports cars, luxury European vehicles requiring 98 RON

Octane Rating: 98 RON

Complete Guide to Premium 98 in Australia

Overview

Premium 98 is Australia's highest octane petrol, offering maximum knock resistance for high-performance and high-compression engines. It is the fuel of choice for sports cars, luxury vehicles, and performance-tuned engines that demand the best available octane for peak power delivery. Major brands market their 98 RON offerings with proprietary additive packages (Shell V-Power, BP Ultimate, Ampol Amplify Premium) that include additional detergents and friction modifiers.

Who Should Use Premium 98?

Premium 98 is essential for vehicles that specify 98 RON as the minimum requirement, including many BMW M-series, Mercedes-AMG, Porsche, and high-output turbocharged engines. It also benefits vehicles rated for 95 RON minimum where the manufacturer recommends 98 RON for best performance. If your vehicle only requires 91 RON, Premium 98 provides no measurable benefit and is an unnecessary expense.

Buying Tips for Australian Motorists

Premium 98 commands the highest pump price of any petrol grade, typically 20 to 30 cents more than ULP and 10 to 15 cents above Premium 95. Price cycle discounts on Premium 98 are generally shallower in absolute terms, but percentage savings remain meaningful. Shell V-Power, BP Ultimate, and Ampol Amplify Premium are the most common 98 RON offerings. Independent stations rarely stock 98 RON, so pricing competition is lower than for ULP or E10.

Fuel Efficiency and Economy

In vehicles designed for 98 RON, the engine management system can use the most aggressive ignition advance timing, extracting maximum power and optimal fuel efficiency. This typically translates to 2 to 5 percent better fuel economy compared to running the same engine on 91 RON ULP. For a performance vehicle consuming 10L/100km, that 3% improvement saves about 0.3L per 100km. Whether this offsets the 20+ cent per litre premium depends on your annual distance and the specific vehicle.

Frequently Asked Questions About Premium 98

Do the branded additives in Premium 98 actually make a difference?

The additive packages in Shell V-Power, BP Ultimate, and similar branded 98 RON fuels do contain additional detergents and friction modifiers beyond the base fuel standard. Independent tests suggest these additives can help keep fuel injectors and intake valves cleaner over time, which may preserve engine efficiency. However, the primary benefit of 98 RON remains the higher octane rating itself, not the additives.

Will Premium 98 clean my engine if I usually use ULP?

Switching to 98 RON occasionally will not "clean" an engine that has been running on ULP. The detergent additives in premium fuels work preventatively over consistent use, not as a one-time cleaning agent. If you want to maintain injector cleanliness, using a quality fuel injector cleaner additive once every 10,000km is more effective and cheaper than sporadic premium fuel use.

Is Premium 98 worth it for a vehicle that only requires 91 RON?

No. If your engine is designed for 91 RON, using 98 RON will not increase power, improve fuel economy, or provide meaningful engine protection benefits. The engine's compression ratio and ignition mapping are designed for 91 RON, and the higher octane simply provides knock resistance that the engine does not need. Save your money and use ULP or E10.

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