global oil prices

The global oil market has seen a sharp spike in prices, with Brent crude oil now trading at around $77 a barrel—a 7 percent increase in just over a week.

Australian exports are forecast to fall from $467 billion in 2022–23 to $352 billion by 2024-25.

The Biden administration remains undecided about replenishing the nation’s strategic petroleum reserves (SPR) even as oil prices have ...

The average price of gasoline in the United States fell for the fifth consecutive week, tumbling 15.8 cents ...

After Saudi Arabia announced a rise in crude prices for July, crude oil futures in the United States ...

Crude oil prices declined on Tuesday trading due to demand worries from China and the country’s weak manufacturing ...

Oil prices were trading range-bound on Wednesday after the International Monetary Fund (IMF) scaled down its global growth ...

In recent weeks, with increased sanctions against Russia and the systematic withdrawal of U.S. oil service companies from ...

Petrol prices in Australia surged to record highs in the week ending March 20 as the ongoing Russia-Ukraine ...

Commentary With the United States and many European Union countries imposing trade sanctions on Russia and banning the ...

The price of oil tumbled more than 7 percent on March 15 to its lowest level three weeks, despite ...

Australians will have to pay more the next time they book their flight tickets as airlines are going ...

Australians are feeling pain at the pump after petrol prices reached record highs in recent weeks, eliciting more ...