NewsBite

Oil

Advertisement
‘Drill, baby, drill’: What if the world doesn’t need Trump’s ‘liquid gold’?

‘Drill, baby, drill’: What if the world doesn’t need Trump’s ‘liquid gold’?

Donald Trump wants America to dominate the global oil market. But his plans to boost production come as demand for the fossil fuel has weakened.

  • by Stephen Bartholomeusz

Latest

Russian oil flows through Western ‘price cap’ as shadow fleet grows

Russian oil flows through Western ‘price cap’ as shadow fleet grows

A plan hatched by Western nations to deprive Russia of oil revenue is largely faltering, a new report found, with the majority of the Kremlin’s seaborne oil exports evading restrictions.

  • by Alan Rappeport
What a Middle East oil shock could mean for Australians
Analysis
Energy

What a Middle East oil shock could mean for Australians

Treasury modelling suggests a sustained 10 per cent increase in the oil price over a year would add about 0.4 of a percentage point to the inflation rate.

  • by Nick Toscano
‘The risk has gone up’: Petrol prices are at a two-year low, but maybe not for long

‘The risk has gone up’: Petrol prices are at a two-year low, but maybe not for long

Australian drivers face a heightened risk of petrol prices climbing yet again if fighting in the Middle East intensifies and disrupts oil supply.

  • by Simon Johanson and Nick Toscano
Up or down?: The mystery over the oil market
Opinion
Opinion

Up or down?: The mystery over the oil market

The oil world has had a surprisingly calm reaction to the Middle East conflict this week. That could change quickly.

  • by Stephen Bartholomeusz
Bleeding billions: The oil cartel is losing control of the market
Opinion
Opinion

Bleeding billions: The oil cartel is losing control of the market

The world is overflowing with oil, and OPEC has failed in its latest attempt to stop prices tumbling.

  • by Stephen Bartholomeusz
Advertisement
Relief in sight for motorists as oil prices slide

Relief in sight for motorists as oil prices slide

Petrol prices at the bowser are primed to fall in coming months as a slowdown in major economies reduces demand for oil.

  • by Millie Muroi and Shane Wright
Drill, baby, drill! Let’s face it - shale fracking has saved the West
Opinion
Gas

Drill, baby, drill! Let’s face it - shale fracking has saved the West

Imagine what the world would look like today if US fracking technology and America’s wildcat drillers had not delivered the shale revolution.

  • by Ambrose Evans-Pritchard
The extraordinary tale of how an oil state ended up hosting the world’s most important climate talks

The extraordinary tale of how an oil state ended up hosting the world’s most important climate talks

This year, it is the tiny petrostate of Azerbaijan, next year giant Brazil, and if the Albanese government gets its way, Australia will be next in line to host the climate Olympics.

  • by Nick O'Malley
New tax stoush flares over Woodside’s $7.7b oil project in Senegal

New tax stoush flares over Woodside’s $7.7b oil project in Senegal

Woodside, the largest Australian energy company, is locked in a legal dispute in Senegal over how much tax it must pay from its newest oil field.

  • by Nick Toscano
Trillion-dollar piggy banks: Inside the world of sovereign wealth

Trillion-dollar piggy banks: Inside the world of sovereign wealth

Norway’s is famously huge. Qatar used its to buy Harrods. How do sovereign wealth funds work? And why isn’t ours as big as Norway’s?

  • by Angus Holland

Original URL: https://www.watoday.com.au/topic/oil-huo