PetrolPulse

Market Update

Sunday 28 September 2025

Unleaded 91 and diesel · Brent crude, AUD/USD, capital pump prices, and city-by-city 4-week outlook

What moved this week

As of Sunday 28 September 2025, the national average for Unleaded 91 across Australia's capital cities sits at 177.4c/L, down 5.9c on last week. Diesel averages 177.4c/L nationally, with the cheapest reported bowser at 135.5c/L.

Wholesale market signals

Brent Crude

US$70.13

per barrel

vs week prior: -

Singapore MOGAS tracks Brent with ~1 week lag

AUD/USD

0.6554

exchange rate

vs week prior: -

A lower AUD raises the cost of imported fuel

Import Parity

138.7

cents per litre

vs week prior: -

Estimated wholesale cost before excise and GST

What this means for pump prices

Import parity hasn't moved much this week, so any pump price changes you see at the bowser will be driven mainly by the local discounting cycle rather than the global signal.

Capital city pump prices

Average and cheapest reported pump prices in each capital on Sunday 28 September 2025, with the change vs 7 and 30 days prior.

CityU91 avgU91 cheap
Sydney171.4c121.5c
Brisbane185.3c145.9c
Canberra175.4c172.9c

Averages computed from stations within a metro radius of each capital. 7d and 30d deltas apply to the U91 average.

How this update is generated

Each day at 6:00am AEST, PetrolPulse fetches the latest Brent crude spot price and AUD/USD exchange rate, then combines them using the standard Singapore MOPS import parity formula to estimate the wholesale cost of fuel delivered to Australian terminals.

Capital city averages are computed from live station-level data within a metro radius of each capital — not state-wide aggregates — so regional outliers don't skew the headline number. Comparisons against 7 and 30 days prior show whether the city was trending up or down on the day, separate from the wholesale signal.

The city-by-city cycle outlook combines local cycle-position analysis with the forward-looking macro signals above. When import parity moves significantly relative to current retail prices and the recent margin, the directional call updates automatically.

Current market update →How petrol prices are set →How our forecasts work →