Oil prices extend losses, plunging more than 5% as diplomatic efforts to end the Iran war overshadowed continued military strikes and the effective blockade of the Strait of Hormuz. In mid-morning ...
As forecourt prices continue to increase, retailers have reiterated that fuel supplies remain 'stable' as they rejected ...
Australia last year imported 84 per cent of its petroleum product demand, government statistics show, leaving it exposed to global shocks. Supply fears have stoked panic buying, doubling demand for ...
Australia’s centre-left government on Wednesday introduced legislation in the parliament to double penalties for fuel price ...
Inflation expected to remain at 3% before Middle East conflict sparks jump Fresh figures are expected to show that UK ...
As forecourt prices continue to increase, retailers have reiterated that fuel supplies remain 'stable' as they rejected ...
Disruptions to Middle East oil shipments have rippled along the world’s longest supply chain, through Asia, and finally to Australia – and there’s no knowing when the pressure will ease ...
Energy shortages in Europe could hit next month, warns Shell CEO * Middle East ​conflict affecting ⁠global energy supplies * Shell exploring gas and oil opportunities ​in ...
The national average price is expected to hit the benchmark price of $4 a gallon for the first time since 2022.
The war in Iran is plainly going to have a significant impact on family finances. How severe, and how long lived, is hard to ...
Australia does not have a government-backed stockpile, experts say, and even if we did still store oil in the US, it would not be much ...