A mad dash for diesel in WA’s regional towns has left explorers and junior miners with little choice but to watch their on-site supplies dwindle, and reignited warnings that operations may have to be halted.
Simone Grogan
Oil was little changed after a volatile session in which investors weighed signs of less-tight conditions against rising military threats to energy infrastructure across the Middle East.
Bloomberg
Some of Australia’s biggest fuel retailers, including Ampol, 7-Eleven, and BP, have been hauled into a meeting with the consumer watchdog.
Ria Pandey
Many Australian motorists plan to park an electric or hybrid vehicle in their garage in future but one policy change could alter their path.
Jennifer Dudley-Nicholson
FuelWatch has forecast further hip pocket pain on what should be ‘cheap Tuesday’. Find out where to get the cheapest fuel here
Caleb Runciman
A fuel shop attendant says tougher fuel limits are needed after a customer filled jerry cans with hundreds of dollars worth of petrol, emptying the service station.
Caleb Runciman and Claire Sadler
The war in the Middle East is having wide-ranging impacts on markets, oil and gas producer Woodside has told investors at its annual sustainability briefing.
Staff Writers
Oil prices have surged to more than $US105 a barrel as Donald Trump urges allies to deploy warships to help escort ships through the blocked Strait of Hormuz.
Florence Tan and Shariq Khan
Analysts say attacks on oil infrastructure mark an escalation in the conflict in the Middle East, rattling global markets.
Florence Tan
Energy Minister Chris Bowen has not ruled out relaxing Australia’s total ban on importing Russian oil and petrol following reports China may halt its exports to Australia.
Hannah Cross and Joe Spagnolo
Alternatives to Gulf supplies are scarce.
Commodity prices are climbing again as traders watched new attacks on shipping and ports in the Middle East.
Tom Richardson
As petrol panic continues to grip the nation, some WA residents have taken to social media in an attempt to profit off the situation.
Tegwen Bescoby
The International Energy Agency will release 400 million barrels of oil, it’s largest ever release as Iran threatens to send oil prices to $200 a barrel.
Rachel Chason, Evan Halper, Siham Shamalakh, Tara Copp
Terms for the 0.42 per cent stake in the Chevron-operated Gorgon venture and 0.73 per cent interest in Ichthys were not disclosed.
Sean Smith
Australia’s petroleum industry is claiming to be transparent as petrol prices hit new record highs.
Stephen Johnson
A seven-point plan has been announced to safeguard WA’s fuel supplies after Roger Cook was warned that farmers and small miners were within weeks of running out.
Jessica Page and Simone Grogan
West Aussies are seeing shocking price hikes across Perth’s petrol stations, and it’s set to get worse.
Amy Cavender
At Thursday’s Australian close of US71.8¢, the dollar is the best performer this year from the G10 basket of currencies, which includes the US dollar, the British pound and the Japanese yen.
Treasurer Jim Chalmers and Energy Minister Chris Bowen have announced new maximum fines of $100 million for oil companies and petrol retailers that use the Middle East war as a cover to rip off motorists.
We take a look at what’s affecting fuel prices and the forces at play that will determine just how much pain Australians can expect at the pump.
Daniel Newell
Australians are being told to brace for higher prices throughout the economy as the price of fuel soars and retailers react to panic buying.
Tess Ikonomou
Everyone is willing to take measures to stabilise the oil market, French finance minister Roland Lescure says.
A dash for gas plant turbines and renewable energy infrastructure is piling extra pressure on WA’s mission to quit coal, with the Premier conceding supply issues will hinder the energy switch.
