Markets

Crude oil prices hesitated today after the Energy Information Administration reported an oil inventory draw of 700,000 barrels for the week to November 27 but a sizeable build in gasoline inventories.

At …
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HOUSTON (Bloomberg) –Exxon Mobil is about to incur the biggest writedown in its modern history as what was once an exemplar of American capitalist might shudders under the weight of …
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South Australian independent Senator Rex Patrick has thrown his weight behind the push led by the Australian Workers Union for fast-tracked measures for the embattled oil refining sector amid fears …
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Melbourne petrol prices lift; Used car prices upCredit card lending falls; ‘Lowflation’Petrol Prices; Used car prices; Private Sector Credit; Inflation

Fuel prices: The national average price of unleaded petrol fell …
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 Next chapter: A new service station on the corner of Gordon Street and Munster Street prepares to open.

More choice is imminent in the Port Macquarie service station market.

A …
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Oil prices climbed to their highest in more than eight months on November 25 fuelled by continuing hopes that energy demand will recover once a COVID-19 vaccine becomes available.

Brent …
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Next week’s meeting of the world’s largest oil producers to consider extending supply cuts will be key to whether Australian energy stocks can build on their 30 per cent rally …
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Melbourne-based investment company Fawkner Property has bought a service station near Mandurah, south of Perth, for $5.4 million.

The 184sq m building plus canopy at 13 Lakes Road, Greenfields, is …
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A new service station would be built on an abandoned block in Torrens Park by a company challenging refusal of a similar project in Adelaide’s south.

South Australian family-owned petrol …
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Sales of service stations surged 55 per cent over the past 12 months to more than $600 million as investors flocked to the “essential service” asset class during the pandemic.

Over the …
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