Pricing

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Official statistics from the Bureau of Resource & Energy Economics (Australian Petroleum Statistics) and the International Energy Agency (IEA) show that Australia has among the lowest petrol and diesel prices of all OECD countries. The charts below show the price of petrol…

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The charts below show recent movements in international benchmark prices relevant to the price of petrol and diesel in Australia. These market prices include the Singapore price of petrol (MOGAS95 Petrol) and diesel (Gasoil 10ppm sulfur) and the market prices for Tapis and North Sea Dated (Brent)…, Australia's local oil refineries constantly compete with imported petroleum products from large highly efficient refineries in Asia, regardless of the cost of importing and refining crude oil. Consequently, the price of petrol at Australian refineries is based on international petrol prices. If…, General Note: AIP publishes the Argus crude oil and product quotes for the purpose of price transparency and to assist in demonstrating that the movements in product prices follow the medium term movements in crude oil prices. The Argus Tapis and North Sea Dated (Brent) quotes were chosen…

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About the IEA The International Energy Agency (IEA) was established in 1974 and is the energy forum for 26 industrialised countries (including Australia). The IEA is an autonomous agency linked with the Organisation for Economic Co-operation and Development (OECD) and based in Paris. IEA…

National

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The following information aims to assist market analysts, commentators and the community more broadly to follow and understand the key international market factors and prices influencing the market's supply and demand balance and fuel prices across regional markets – particularly in the Asia…

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Argus Information Papers on Crude Oil Pricing Argus Media is a leading and independent price reporting agency (PRA) that produces price assessments and analysis of international energy and other commodity markets with a focus on accuracy and transparency. Companies in 140 countries around the…