Daleep Singh, Vice Chair and Chief Global Economist at PGIM, explains the many ins and outs from the current oil supply shock ...

Anthony Albanese is close to finalising a support package that would mean Australia’s two remaining oil refineries remain open beyond 2027.

Ships carrying oil are continuing to come to Australia as expected and should do so for the next month, and the industry is urging that while the picture beyond that is uncertain and complicated, "the ...

Australians, stoked by media beat-ups, are queuing at the bowser, with the nation having just 30 days of fuel reserves left. But the reality of our supply is far less dramatic.

Every shipment of fuel headed to Australia has arrived as planned, Energy Minister Chris Bowen says, despite China’s reported ban on fuel exports.

Australia's oil strategy has pivoted from producer to importer — with most refined oil coming from our Asian neighbours.

Idemitsu Kosan, Japan's second-biggest oil refiner, said it will invest $500 million in Australia's MidOcean Energy as part of a move towards a full-scale entry into the LNG business. MidOcean Energy ...

By international standards, Australia holds very low fuel reserves—often around 30 days of petrol, diesel, and jet fuel—and ...

Oil and petrol prices get most of the headlines, but the economic damage inflicted on the world is much more widespread, and ...

A new Middle East supply shock is forcing oil markets to ask a tougher question: where does reliable supply come from if disruption drags on?

AS the war in the Middle East enters its third week, Australia—with little domestic refining capacity left—underscores how ...