Brent benchmark · AUD conversion · Updated every 60 seconds
Oil · Australia
$4,815.90
per barrel
+0.16% today
Oil Market in Australia
Australia imports most of its refined fuel. Crude prices in AUD reflect both Brent and AUD/USD exchange rate.
The oil price displayed above is derived from international crude oil futures and converted to AUD using real-time exchange rates. Data is sourced from NYMEX, ICE, EIA and updates every 60 seconds.
The oil price in Australia is derived from international futures benchmarks (Brent), converted to AUD using real-time exchange rates. AURUM updates Australia oil prices every 60 seconds.
Oil prices in undefined are driven by global supply/demand, OPEC+ decisions, AUD/USD exchange rates, and domestic policy. Australia imports most of its refined fuel. Crude prices in AUD reflect both Brent and AUD/USD exchange rate.
AURUM calculates Australia oil prices using: international benchmark x AUD/USD exchange rate. Prices are sourced from NYMEX, ICE, EIA and update every 60 seconds.