With oil prices soaring, can Venezuela’s vast supplies fill the gap?
On paper, Venezuela should be an oil-churning powerhouse. It sits atop an estimated 303 billion barrels, which translates…
Reason RBA set to ‘punish’ Aussies as businesses warn of ‘Covid 2.0’ price spiral
Another supply side shock has the RBA backed into a corner. (Source: AAP) Australian motorists and rural residents…
Fuel rationing a chance in Australia if war continues to trim global oil supplies, experts say
If widespread fuel rationing is introduced in Australia, will motorists and businesses be ready? It’s a question experts…
Alarm as Aussies forced to buy petrol with Afterpay
Ethan Cardinal graduated with a Journalism degree in 2020 from La Trobe University and has been working in…
New fuel standards will see higher levels of sulphur in Australia’s petrol. What does that mean for your car?
The federal government’s decision to ease Australia’s fuel standards in response to elevated oil prices has sparked intense…
Calls for Australia to ‘ration fuel immediately’
The Iran war is getting out of hand fast. Overnight, Iranian drones hit oil infrastructure in Oman. Early…
Only service station in NSW town of Batlow runs out of fuel amid surging prices
The only petrol station in a small New South Wales town has run out of fuel amid ongoing…
Fuel panic is spreading and now Australia is tapping into its emergency fuel supplies
Around the world, drivers are flocking to petrol stations over fears fuel prices will skyrocket or shortages will…
Australia releases six days’ worth of petrol and five of diesel from emergency stockpile
Australia will make available about six days’ worth of petrol from its emergency stockpile and five days of…
Oil price breaks the $US100 per barrel mark as oil tankers are hit in the Strait of Hormuz
The oil markets are once again in a state of anxiety about future global supplies. At the open…
War in the Middle East already making Australia’s fuel struggles the toughest in decades
Dozens of docked fishing trawlers and other vessels have been stranded as a result of Australia’s worsening fuel…
Emergency services prioritised as some regional petrol stations ration fuel
Towns in regional WA have begun rationing fuel, selling it for emergency purposes only as the war in…