diesel

India Petrol Diesel Exports: Amid the US-Iran war, India’s diesel exports see a huge jump of 20%; Petrol prices fall by 33% – The Times of India

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Amid the US-Iran war, India's diesel sales see a massive 20% jump; petrol price drops by 33%

India’s crude inventories fell sharply in March, falling 33% to 8.31 million barrels. (AI image) Impact of US-Iran war: Indian diesel prices rose 20% in March amid the ongoing Middle East conflict. A widening gap between crude oil prices and refined diesel prices led India to raise diesel imports by nearly 20% month-on-month in March, … Read more

Gas stations tried to ‘shape’ the market – now it’s shaping them

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An illustration of complex lines of charts superimposed on large blue drops on a fading gradient and white background.

Australian petrol prices tend to follow predictable cycles, but they have all gone out the window in recent weeks. In the early days of the Middle East conflict, petrol stations across Brisbane, Sydney and Melbourne raised prices faster than the rise in global oil prices, in what several leading experts said was an attempt to … Read more

Albanese was on the brink of a fatal error – but then came the pivot

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Albanese was on the brink of a fatal error - but then came the pivot

When Scott Morrison announced that it was not a “race” to get vaccines first and quickly into Australia during the COVID epidemic, it was another nail in the coffin of his aging prime minister. Prime Ministers who do not unite at a time when the public is afraid and looking for leadership lose the public’s … Read more

Decisions made over a decade ago will hit home

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Decisions made over a decade ago will hit home

In 2013, Shell closed its Clyde refinery on the Paramatta River, and a year later, Caltex closed Kurnell in Botany Bay. That was the time when Australia went from being self-sufficient in petrol and diesel to relying on imports. The oil shocks of the 1970s were forgotten. We endured a decade of recession like everybody … Read more

‘Expect very high grocery prices,’ farmer warns as diesel costs rise

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'Expect very high grocery prices,' farmer warns as diesel costs rise

Family farmer Darryn Shrosbree says the war is affecting the price of diesel and the nutrients used to make fertiliser. Farmers around the world are feeling the pain of the Iran war. Gas prices have risen and fertilizer supplies are dwindling due to Tehran’s closure of the Strait of Hormuz in retaliation for US and … Read more