PetrolPulse

Fuel excise update: Fuel excise halved — expect ~20¢/L price drops within 1–3 weeks.

Market Update

Tuesday 28 October 2025

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

Market signals

Brent Crude

US$64.40

per barrel

vs week prior:+5.0%

Singapore MOGAS tracks Brent with ~1 week lag

AUD/USD

0.6559

exchange rate

vs week prior:+1.0%

A lower AUD raises the cost of imported fuel

Import Parity

132.6

cents per litre

vs week prior:+2.0%

Estimated wholesale cost before excise and GST

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