Market Update
Friday 1 May 2026
Unleaded 91 · Brent crude, AUD/USD, and city-by-city 4-week outlook
Market signals
Brent Crude
US$108.36
per barrel
Singapore MOGAS tracks Brent with ~1 week lag
AUD/USD
0.7208
exchange rate
A lower AUD raises the cost of imported fuel
Import Parity
168.7
cents per litre
Estimated wholesale cost before excise and GST
City-by-city outlook
Melbourne
Higherhigh confidenceThe cost of importing petrol is up 12% — crude oil has risen 22% recently. Both factors increase what retailers pay before they set prices at the pump. Even at the next price cycle low, expect to pay more than last month's low. If your tank allows, fill up a little more than usual now.
Brisbane
Higherhigh confidenceThe cost of importing petrol is up 12% — crude oil has risen 22% recently. Both factors increase what retailers pay before they set prices at the pump. Even at the next price cycle low, expect to pay more than last month's low. If your tank allows, fill up a little more than usual now.
Perth
Higherhigh confidenceThe cost of importing petrol is up 12% — crude oil has risen 22% recently. Both factors increase what retailers pay before they set prices at the pump. Even at the next price cycle low, expect to pay more than last month's low. If your tank allows, fill up a little more than usual now.
Sydney
Higherhigh confidenceThe cost of importing petrol is up 12% — crude oil has risen 22% recently. Both factors increase what retailers pay before they set prices at the pump. Even at the next price cycle low, expect to pay more than last month's low. If your tank allows, fill up a little more than usual now.
Adelaide
Higherhigh confidenceThe cost of importing petrol is up 12% — crude oil has risen 22% recently. Both factors increase what retailers pay before they set prices at the pump. Even at the next price cycle low, expect to pay more than last month's low. If your tank allows, fill up a little more than usual now.