World

Marketers who retail gasoline and diesel just concluded their best first half of any year in the modern era, according to data compiled by Oil Price Information Service (OPIS). The …
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Oil futures rallied Thursday, with U.S. prices scoring their highest settlement this month and posting their biggest one-day gain so far this year, after Iran shot down a U.S. military …
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Even before two oil tankers were attacked in the Gulf of Oman this week, retired major-general and reluctant outgoing senator, Jim Molan, was raising concerns about Australia’s fuel reserves.

Since 2012, …
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The International Energy Agency’s (IEA) latest global oil outlook, released on Monday night, predicts America’s oil and gas boom will see it become a net exporter by 2021 with profound …
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Australia’s cheap, dirty petrol ranks among the worst of the OECD nations, yet the peak industry body representing Australian petrol refiners has rejected the criticism, saying the industry should be …
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Experts are predicting an agreement to cut oil supply will be reached at next week’s OPEC meeting, which should help stabilise a market that has seen prices plummet in the last …
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The Organization of the Petroleum Exporting Countries has seen the future and — you may want to sit down for this — it involves more cars. Just not as many cars …
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Anyone who drives realises that petrol has become more expensive this year — a lot more expensive.

Figures from the Australian Institute of Petroleum, released by CommSec, show that average …
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The shared services organisation for BP and Castrol is embarking on a major transformation with Australia and New Zealand to lead in “shaping” the program for global deployment.

The organisation, …
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After cruising to four-year highs earlier this year, crude oil has hit the skids.

Since hitting $70 a …
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