Terminal gate price (TGP)
The published wholesale price retailers pay at the fuel terminal, set daily. It moves with Brent crude and the AUD/USD exchange rate, usually 1-2 weeks behind global moves.
Fair price watch
The Australia retail average is about 14c per litre above the terminal gate benchmark for U91, before excise and GST. Track the margin and compare it with recent pump prices.

FAIR
U91 margin is 13.5c per litre
The retail margin is 13.5c per litre. Within the normal 12–18c band. Prices are around the fair range.
174.5c
161c
13.5c
~50c excise + GST
Live market context
How far above the terminal gate price each grade is being sold across Australia.
Brent crude
Global crude benchmark. Large moves usually filter into Australian wholesale prices with a delay.
AUD/USD
Fuel is traded in US dollars. A weaker AUD increases local import costs.
Retail-TGP
Gap between the national U91 retail average and terminal gate wholesale benchmark.
Petrol cover
Reported national petrol stock cover in days.
Diesel cover
Reported national diesel stock cover in days.
Jet cover
Reported national jet fuel stock cover in days.
Stations dry
Stations with at least one fuel grade currently reported as unavailable.
Source: National retail price reporting, refreshed hourly.
Wholesale by city
What retailers in each capital pay at the terminal gate before tax and margin, Australia-wide. Compare it against your local pump price to judge the margin.
| Capital city | U91 wholesale | Diesel wholesale |
|---|---|---|
| Sydney | 161.0c | 183.9c |
| Melbourne | 160.4c | 184.0c |
| Brisbane | 161.3c | 183.9c |
| Adelaide | 160.6c | 182.8c |
| Perth | 160.0c | 178.7c |
| Darwin | 169.3c | 193.9c |
| Hobart | 165.2c | 185.8c |
How fair pricing works
The pump price is the wholesale terminal gate price, plus tax, plus the retailer margin. Here is how to read it.
The published wholesale price retailers pay at the fuel terminal, set daily. It moves with Brent crude and the AUD/USD exchange rate, usually 1-2 weeks behind global moves.
Fuel excise is around 50c per litre and GST adds 10% on top. Together they are a large, fixed slice of every litre. Unrelated to whether the retailer's margin is fair.
What is left after wholesale and tax is the retailer's margin. A margin sustained above 25c per litre can mean pump prices have not moved down with wholesale costs, or that local competition is weaker.
You cannot change wholesale or tax, but you can compare nearby stations. Use this as a guide, then check the station price, update time and distance before detouring.
Frequently asked
The U91 retail average is about 14c per litre above the terminal gate benchmark (c175 retail vs c161 wholesale). A higher margin can reflect cycle position, local competition and timing between wholesale and retail price moves.
More fuel reports
Each report answers a different question: where fuel is cheapest, what just changed, and what is pushing prices up or down.