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oil prices

Petrol prices: The problem with price dropping to 80c a litre
7 months ago

Petrol prices: The problem with price dropping to 80c a litre

Who remembers the year 2000? Sydney had the Olympics, Cathy Freeman was the fastest woman in the world on the 400 metre track, and the price of petrol was around …
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ACCC media appears to incite aggression at servos
7 months ago

ACCC media appears to incite aggression at servos

You really have to wonder about the ACCC’s agenda at times. This week saw the release of a major report detailing the economics of the Australian fuel industry coupled with …
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Will the price of petrol fall as oil prices collapse?
7 months ago

Will the price of petrol fall as oil prices collapse?

Motorists are waiting with hope that oil prices falling into the negative for the first time ever will mean cheaper petrol for Australians.

But we just have to wait.

NRMA …
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ACCC To Watch Petrol Prices As Oil Plummets
8 months ago

ACCC To Watch Petrol Prices As Oil Plummets

The ACCC will monitor Australian petrol prices as international oil prices plummet, to ensure that the decrease is passed on to consumers.

In the first two months of this year, …
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$1 petrol price nonsense
9 months ago

$1 petrol price nonsense

Recent days have seen declines in the global price of crude oil, with the most significant being a 30% drop in the price of crude oil in a single day. …
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Canberra to miss out on $1 a litre fuel as prices close to 20 cents a litre more than Sydney
9 months ago

Canberra to miss out on $1 a litre fuel as prices close to 20 cents a litre more than Sydney

Canberra’s petrol prices have fallen less than half a cent in the past week, despite major capital cities recording falls of between 5 and 20 cents.

It comes as fuel …
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Oil market rout puts Caltex takeover deal in doubt
9 months ago

Oil market rout puts Caltex takeover deal in doubt

The proposed $8.8 billion cash takeover offer for Caltex Australia from Alimentation Couche-Tard has been thrown into heightened uncertainty by the rout in oil prices that has undermined share prices and …
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Iraq drone strike, fuel cycle to take petrol to near-record highs
11 months ago

Iraq drone strike, fuel cycle to take petrol to near-record highs

MOTORISTS are being warned to fill up now as a perfect storm of tightening supply and the Iranian crisis threatens to send fuel prices skyrocketing.

Experts are warning unleaded fuel …
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NatRoad calls for Fuel Tax freeze
2 years ago

NatRoad calls for Fuel Tax freeze

NatRoad say the Morrison Government should freeze the fuel excise as it is unfair on transport operators.

The calls come from the CEO of NatRoad, Warren Clark, and echo those …
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Petrol prices nudge up as oil prices jump
2 years ago

Petrol prices nudge up as oil prices jump

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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