Updated

Wed 25 Mar 2026

PETROL 🔮 💰
"Hormuz is closed, mate… I predicted THIS. 🔮"
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FUEL SUPPLY CRISIS — ACTIVE
Iran's closure of the Strait of Hormuz has sent petrol prices to record highs across Australia. National avg U91 hit 219.5¢/L (AIP, 22 Mar) — up ~50¢ since late Feb. Brent crude ~$103/bbl. ACCC authorised fuel majors to coordinate supply. IEA strategic reserve release underway. Goldman Sachs: prices could ease to $70s/bbl if Hormuz reopens by April.
ACCC Updates →
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⚠️ ⚠️ CRISIS — Strait of Hormuz closure driving prices to record levels. Fill up Mon–Tue. Avoid Thu–Fri.
⏰ When to buy
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Currently viewing: ⛽ Unleaded 91
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7-DAY FORECAST
Unleaded 91 · Sydney
Today
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Forecast ↓
PREDICTION CONFIDENCE
How this forecast is calculated

Today's low is the confirmed cheapest capital city station price, sourced from Petrolmate, NRMA, and WA FuelWatch. Today's high is the most expensive price recorded across the entire state — currently elevated due to the Strait of Hormuz crisis and regional supply shortages.

The 7-day forecast projects the state average forward using the live Brent crude oil price and AUD/USD exchange rate, updated every hour. As Brent moves, the average shifts — and the low/high band moves with it, keeping the same spread as today.

The low band (green) always sits ¢ below the average — the real capital city discount observed today. The high band (red) sits ¢ above — the real state-wide premium observed today.

Confidence scores are reduced across all states during the current crisis — Strait of Hormuz disruption creates unprecedented volatility. Perth retains the highest score (FuelWatch cycle), while Darwin/Hobart are lowest. All forecasts carry higher uncertainty than normal until Hormuz reopens.

MARKET FACTORS
Drivers affecting next week's prices
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GET IN TOUCH WITH THE PROPHET
Questions, feedback, partnership enquiries, or just want to tell us we're wrong about petrol prices?
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Petrol Prophet predictions based on ACCC weekly monitoring data (20 Mar 2026), NRMA weekly fuel report, Singapore Mogas 95 benchmarks (~127¢/L AUD week to 18 Mar), Brent crude ~$103/bbl (25 Mar), AUD/USD ~0.699. Current prices reflect the Strait of Hormuz supply disruption (US-Iran conflict from Feb 28 2026). Data sourced from AIP, ACCC, NRMA, Petrolmate & FuelRadar. Prices in cents per litre. For informational purposes only — not financial advice. 🔮

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