Premium 98 Prices Across Australia

The national average premium 98 price in Australia is 200.5 cents per litre as of 15 July 2026, based on 6,804 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 165.9c/L (cheapest) to 369.9c/L (most expensive), a 204.0c spread.

Currently, Premium 98 is available at 6,804 service stations across 22 Australian states and territories. Prices range from 165.9c to 369.9c per litre, with a national average of 200.5c/L. The 204.0c/L price spread means savvy motorists can save up to $102.00 on a 50L tank by shopping around. Premium 98 commands a 14.6c/L premium (7.9%) over regular Unleaded 91. South Australia offers the cheapest P98 prices (averaging 194.0c/L), while Northern Territory is 20.3c/L higher at 214.3c/L. Among major retailers, Costco consistently offers competitive P98 pricing, averaging 175.9c/L across their 16 stations.

Last updated: 05:38 PM, 15 Jul 2026

5 cheapest premium 98 stations in Australia right now

# Station Suburb Premium 98
1 Ftr Elmore Elmore, VIC 165.9c
2 Ftr Elmore Elmore, VIC 165.9c
3 LMCT+ Preston - (Members Only) Preston, VIC 166.9c
4 Ultra Harden Harden, NSW 167.9c
5 Aus Petroleum Harden Harden, NSW 167.9c

Find premium 98 near me right now →

200.5c
Average Price
165.9c
Cheapest Price
6,804+
Stations
204.0c
Price Range

PetrolSMART. Smart Fuel Insights

Prices Dropping
Good news - prices look set to drop around 4.9c on average over the next week.
154 Price Drops Found
We've spotted 154 servos with recent price drops, currently cheaper than their local area average.
Cheapest Day: Thursday
Looking at the data, Thursday tends to have the best prices. Worth planning your fill around if you can.

PetrolSMART Price Intelligence

154
Price Drops
in last 24h
PetrolSMART Market Sentiment
1%
99%
Fill Now
Good Value
Fair
Wait
Check

Check individual station prices in Premium 98

Price Cycle Overview

Distribution of stations across cycle phases in Premium 98

Dominant
Rising
7% conf
Low 0% (15)
Rising 89% (13509)
High 0% (21)
Falling 11% (1591)
Rising Phase Dominant
Prices climbing - fill up soon to save
7-Day Price Forecast
-4.9c
average expected change
69
forecasting
drop
6759
stable
56
forecasting
rise
Prices Expected to Drop
Prices across Premium 98 are forecast to drop around 4.9c on average over the next week. If you can wait, you might save.
Best Day to Fill Up
Thursday

Based on historical price patterns in Premium 98, Thursday tends to offer the best prices. Some areas see prices start to rise on Thursday ahead of the weekend.

Compared to Unleaded 91

14.6c/L more expensive

(7.9% premium) – ULP averages 185.9c/L vs P98 at 200.5c/L

Premium 98 Prices by State

State Average Cheapest Highest Stations
South Australia 194.0c 174.7c 292.9c 575
Victoria 195.2c 165.9c 279.9c 1,701
New South Wales 196.9c 167.9c 291.9c 1,708
Queensland 198.4c 172.7c 288.0c 1,359
Tasmania 199.3c 174.5c 253.9c 221
Western Australia 202.4c 174.7c 288.0c 843
Australian Capital Territory 203.3c 182.7c 219.9c 68
Northern Territory 214.3c 191.3c 303.3c 41

Cheapest Premium 98 Stations

# Station Brand Suburb State Price
1 Ftr Elmore Independent Elmore VIC 165.9c
2 Ftr Elmore Independent Elmore VIC 165.9c
3 LMCT+ Preston - (Members Only) LMCT+ Preston VIC 166.9c
4 Ultra Harden Ultra Petroleum Harden NSW 167.9c
5 Aus Petroleum Harden AUS Petroleum Harden NSW 167.9c
6 APCO White Hills APCO White Hills VIC 169.3c
7 APCO White Hills APCO White Hills VIC 169.3c
8 Burk Ballarat North Burk Ballarat North VIC 170.3c
9 Burk Bendigo Burk Epsom VIC 170.3c
10 Burk Kingsville Burk Kingsville VIC 170.3c
11 Burk Kingsville Burk Kingsville VIC 170.3c
12 Shell Reddy Express Melton Hwy Shell Taylors Lakes VIC 170.5c
13 24xpress Taylors Lakes Independent Taylors Lakes VIC 170.5c
14 Liberty Sydenham Liberty Sydenham VIC 172.5c
15 Costco Lake MacQuarie (Members Only) Costco Boolaroo NSW 172.7c

Premium 98 Prices by Brand

Brand Average Price Cheapest Stations
Costco 175.9c 172.7c 16
Burk 177.8c 170.3c 20
APCO 177.8c 169.3c 19
Speedway 183.3c 176.5c 44
Pearl Energy 184.7c 172.9c 72
Solo 184.8c 179.5c 36
U-Go 185.2c 174.9c 42
Atlas 185.6c 175.9c 27
Ultra Petroleum 186.3c 167.9c 12
Vibe 187.0c 175.9c 48
Metro 187.6c 173.9c 248
Freedom Fuels 188.0c 181.5c 28

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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