Refined fuel benchmark
Retail petrol and diesel start with the global price of refined fuel, not just crude oil. Crude moves first, but the refined benchmark is closer to what importers and wholesalers pay.
Fuel market data
Track the signals behind pump prices: crude oil, AUD/USD, wholesale margins, petroleum stock cover, station outages and U91 state averages.
Market context
Price drivers
Use this page to separate broad market pressure from local station pricing. U91 state averages and cheapest-price figures are shown separately from diesel and other fuel grades.
Brent crude
US$100.04
Global crude benchmark. Large moves usually filter into Australian wholesale prices with a delay.
AUD/USD
0.6977
Fuel is traded in US dollars. A weaker AUD increases local import costs.
Retail-TGP
+8.1c/L
Gap between the national U91 retail average and terminal gate wholesale benchmark.
Petrol cover
46d
Reported national petrol stock cover in days.
Diesel cover
39d
Reported national diesel stock cover in days.
Jet cover
34d
Reported national jet fuel stock cover in days.
Stations dry
336
Stations with at least one fuel grade currently reported as unavailable.
Average by fuel type
U91
185.8¢
Unleaded 91 · 6,968 stations
E10
181.2¢
Ethanol 10 · 2,896 stations
Diesel
223.7¢
Diesel · 4,476 stations
P. Diesel
226.5¢
Premium Diesel · 4,318 stations
P95
201.3¢
Premium 95 · 4,297 stations
P98
209.3¢
Premium 98 · 6,042 stations
LPG
106.8¢
LPG (Autogas) · 764 stations
E85
248¢
Ethanol 85 · 81 stations
Source: National retail price reporting, refreshed hourly.
Current scenario · Mixed
Read national signals against your city cycle
This view compares the local cycle, wholesale prices, AUD/USD and retail margin. It describes the Australia market, not the price at every station.
- Wholesale, currency and city-cycle signals can point in different directions. Use the national update as context, then check the local map before driving.
- Pump prices can rise when terminal-gate prices, crude oil or a city reset move up. They can ease when wholesale costs fall or retailers keep discounting. If the indicators disagree, check nearby station reports.
Price stack
What actually sets the pump price
The bowser price is built from global supply, currency, wholesale terminal pricing, taxes and local competition. That is why Australia petrol can move even when one headline input looks calm.
- Global
AUD/USD exchange rate
Fuel is priced in US dollars. A weaker Australian dollar lifts the local cost of imported fuel even when the US-dollar oil price is steady.
FXTerminal Gate Price
TGP is the wholesale terminal price retailers pay before their own margin and local costs. Comparing TGP with retail average shows whether the bowser price is stretched.
Excise and GST
Fuel excise and GST create a tax floor that does not disappear when wholesale costs fall. That is why a crude fall never reaches the pump cent-for-cent.
TaxRetail margin and cycles
Retailers raise prices to rebuild margin, then compete down through the discounting phase. City-cycle timing explains many short-term jumps and drops.
RetailRead cyclesLocal supply and competition
Freight costs, outages, opening hours and suburb competition shape the final station price. Use the national average for context, then check the stations on your route.
LocalOpen fuel map
Common questions
Fuel market data FAQ
Pump prices are a layered cake: wholesale (TGP), excise (~50c/L flat tax), GST (10%), retailer margin, transport. Only the wholesale component is exposed to crude. A 10% Brent move filters through to 3–5c/L at the pump.