This Month
Relief for motorists as oil price slides to its lowest point this year
But the decline has wreaked havoc on the ASX energy sector – already one of the worst-performing of the year to date – with Santos and Woodside both down.
- Joshua Peach
August
Viva CEO Scott Wyatt rolling out EV chargers at his own pace
Mr Wyatt said Viva’s charger rollout matches the faltering uptake of electric vehicles, which works in the petrol station group’s favour.
- Ben Potter
‘Wildly bizarre’: Qld Labor’s petrol price pledge panned
Queensland’s extraordinary bid to open publicly owned petrol stations was panned by industry and economists.
- James Hall and Angela Macdonald-Smith
July
Uber cuts prices – but also pay rates for drivers
The company is expected to pull prices back by up to 5 per cent despite rising costs of insurance and fuel.
- Nick Bonyhady
May
Carlyle, Amicaa fund $128m management buyout of NZ fuel retailer NPD
Street Talk can reveal the pair have signed off on a debt financing deal to fund a management buyout the 55-year-old family-owned business.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Transport costs up 10 per cent nationwide as petrol stokes inflation
The rising cost of diesel in the past three years has put a dent in Jesse Bradley’s removalist business based in Queensland.
- Gus McCubbing
Transurban wants more drivers to see the benefit of toll fares
In a strategy presentation to investors, the motorway giant’s chief executive Michelle Jablko said the focus would be on ‘running the business better’.
- Jenny Wiggins
April
Melbourne, Brisbane should brace for bowser hit, retailers warn
Brent crude is up about 17 per cent since the start of the year, driven by supply concerns and escalating tension in the Middle East.
- Elouise Fowler
Sydney petrol hits record as traders brace for Israel retaliation
Petrol prices have steadily climbed with a higher oil price as analysts warn Brent could hit $US100 a barrel from the escalating tension in the Middle East.
- Alex Gluyas
British petrol station billionaires face Australian nightmare
Mohsin and Zuber Issa spent $1.7 billion to buy hundreds of Australian petrol stations in 2018 - but are now looking to sell.
- Sabah Meddings and Giulia Morpurgo
March
Why Formula 1’s fuel is going green
Pat Symonds wrote the rules that will compel Formula 1 cars to run on carbon-neutral fuel from 2026. Big oil companies are now racing to find solutions.
- Peter Ker
Car makers’ case against fuel standards misses the point: Grattan
A report by The Grattan Institute says proposed new fuel standards will raise car prices “by about only 1 per cent” and are critical for Australia to meet its 2050 net-zero emissions goal.
- Ben Potter
January
Motorists and RBA cheer 14pc fall in oil prices
A 14 per cent fall in oil prices since November is tipped to push inflation to its lowest level since late 2021 and deliver relief to motorists at the bowser.
- Michael Read
December 2023
Australia’s most expensive cities for petrol revealed
Motorists are copping the cost of volatile world oil prices, but relief could be in sight as upward pressure on prices begins to ease.
- Samantha Lock
How to save $25 on your next tank of petrol
With significant price differences in some neighbourhoods, fuel experts say it pays to shop around in the lead-up to Christmas.
- Updated
- Gus McCubbing
Petrol prices drop 30¢ at the bowser as oil slumps
It is good news for motorists as NRMA says petrol prices are expected to fall further across the country, unless you live in Sydney.
- Joanne Tran
November 2023
RBA warns of ‘bumpy’ inflation fight
The Reserve Bank has warned of a prolonged campaign to reduce inflation, as it grapples with strong domestic price pressures in services and petrol price shocks.
- John Kehoe
Viva to supersize returns from petrol stations
The push into convenience retailing means Viva Energy may be discussing dropping the ‘energy’ part of its name in five years, says CEO Scott Wyatt.
- Angela Macdonald-Smith
We’re buying hybrids instead of EVs, and it’s a problem for Labor
Cash-strapped buyers unable to afford EVs are snapping up hybrids, posing a cost-of-living challenge to proposed Labor emissions rules.
- Jacob Greber and Tom Rabe
Petrol prices to drop as Middle East supply fears ease
NRMA said prices in some Australian cities were hitting the top of their cycle as geopolitical tensions in the Middle East appeared to have subsided.
- Joshua Peach