Image

World Oil Prices

Petrol prices fall due to international factors
1 week ago

Petrol prices fall due to international factors

Average retail petrol prices in Sydney, Melbourne, Brisbane, Adelaide and Perth fell slightly in the quarter ending September 2019, due to a drop in international oil prices and a reduction …
Read More

Why petrol prices could be set to drop
3 weeks ago

Why petrol prices could be set to drop

Iran has discovered a new oil field with reserves estimated at more than 50 billion barrels, increasing the country’s total reserves by a third – and it has the potential to alter …
Read More

OPEC meeting expected to reverse the oil price plunge
1 year ago

OPEC meeting expected to reverse the oil price plunge

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 …
Read More

Petrol prices are rising fast, but a knee-jerk reaction would be a terrible policy
1 year ago

Petrol prices are rising fast, but a knee-jerk reaction would be a terrible policy

The latest inflation figures released on Wednesday by the bureau of statistics revealed that petrol prices have risen faster in the past year than they have for a decade and …
Read More

Disingenuous commentary fuels national price hysteria
1 year ago

Disingenuous commentary fuels national price hysteria

By  •  Feature

Debate about petrol prices in Australia is a long held national pastime. And let’s face it, the theatrics of the debate have often been entertaining if not more than a …
Read More

Oil prices may spike on a coming mismatch between supply and demand, an expert says
1 year ago

Oil prices may spike on a coming mismatch between supply and demand, an expert says

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

Since hitting $70 a …
Read More

Oil prices on the slide as Iraq baulks at OPEC cuts
3 years ago

Oil prices on the slide as Iraq baulks at OPEC cuts

Oil prices have tumbled amid doubts over OPEC’s proposed output cut, after Iraq signalled it wants to be excluded from the pact.

Light, sweet crude for December delivery on Monday …
Read More

How cheap petrol will reshape world politics
4 years ago

How cheap petrol will reshape world politics

Daniel Flitton, 02 February 2016

Petrol prices have slumped – and that has profound ramifications for global politics and countries that rely on oil revenue.

Petrol has dipped below $1 …
Read More