PetrolPulse

Fuel excise update: Fuel excise cut is flowing through — prices dropping 15–25¢/L across most cities.

Market Update

Thursday 23 October 2025

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

Market signals

Brent Crude

US$65.99

per barrel

vs week prior:+8.1%

Singapore MOGAS tracks Brent with ~1 week lag

AUD/USD

0.6515

exchange rate

vs week prior:+0.5%

A lower AUD raises the cost of imported fuel

Import Parity

134.8

cents per litre

vs week prior:+3.8%

Estimated wholesale cost before excise and GST

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