Petrol prices could exceed $2 per litre
Petrol prices in Australia could rise above $2 per litre, as the conflict between Ukraine and Russia intensifies.
Petrol prices could exceed $2 per litre Read More »
Petrol prices in Australia could rise above $2 per litre, as the conflict between Ukraine and Russia intensifies.
Petrol prices could exceed $2 per litre Read More »
Couche-Tard (ATD) has shelved their acquisition plans for Caltex amid the uncertainty and negative financial impact of COVID-19. The Canadian convenience giant has announced that while they view Caltex as a ‘strong strategic fit’ for their brand and an ‘important component for its Asia Pacific expansion strategy’, they will not proceed with the $8.8 billion
COVID-19 puts Caltex deal on ice Read More »
The Organisation of the Petroleum Exporting Countries (OPEC) has struck a deal to slash global oil production by 10 per cent, as it graples with the sharp and sudden drop in global fuel demand amid COVID-19. It’s the largest single reduction in oil production in the organisation’s history, driven by the close to 30
OPEC reach fuel cuts deal Read More »
A supply stoush between Saudi Arabia and Russia has driven global fuel prices even lower. Demand for fuel has dropped world-wide on Covid-19 fears, which has seen airlines slash services, which C&I last month reported was already having an impact. Forced lock-downs of areas in China and Italy have further exacerbated the global oversupply. Leaders
Fuel supply stoush sparks global price drop Read More »
Natives of the Apple Isle have seen prices jump as much as 20cpl, with expectations of a continued rise to as much as 140cpl in the near future.
Tasmanian petrol prices skyrocket Read More »
Recent, largely OPEC-inspired, increases in wholesale petrol prices have seen price increases in Sydney, and the ACCC is concerned that prices in other capital cities may follow.
ACCC: urges motorists to buy now and avoid petrol price spikes Read More »