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Latest news: Diesel Fuel

Reserve Bank's grim rates warning as oil prices spike

Reserve Bank's grim rates warning as oil prices spike

The war in the Middle East is threatening to push oil prices back above the crucial $US100 a barrel mark and make inflation even harder to get back to target.

Sustainable jet fuel project moves closer to take-off

Sustainable jet fuel project moves closer to take-off

Sustainable jet fuel project moves closer to take-off

Sustainable jet fuel project moves closer to take-off

A multimillion-dollar project designed to produce green fuels is a step closer to launch after securing a $30 million investment.

Electric cars outsell petrol rivals for the first time

Electric cars outsell petrol rivals for the first time

Electric cars outsell petrol rivals for the first time

Electric cars outsell petrol rivals for the first time

Fuel prices are up and so are electric vehicle sales, with Australian drivers now buying more battery-powered cars than either petrol or diesel models.

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Key oil refinery long way from return to full capacity

Key oil refinery long way from return to full capacity

Fuel maker Viva Energy is working to repair a key processor for premium fuels to restore a fire-damaged refining facility to 100 per cent capacity.

Ditching diesel could save Pacific nations almost $1b

Ditching diesel could save Pacific nations almost $1b

Replacing fuel imports with renewable power could save Pacific countries millions of dollars if they can secure enough investment to make the switch.

Oil markets to remain tight as conflicts drag on

Oil markets to remain tight as conflicts drag on

Ampol, which owns one of Australia's two onshore oil refineries, has turned in a stellar first-half profit after oil market dislocation boosted its earnings.

Power prices fall but risks remain for life after coal

Power prices fall but risks remain for life after coal

Renewable energy and batteries are pushing down wholesale power prices but a report warns they could rise again when coal-fired plants power down.

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Labor seeks to boost fuel security from farming waste

Labor seeks to boost fuel security from farming waste

Labor seeks to boost fuel security from farming waste

Labor seeks to boost fuel security from farming waste

The government has announced plans to kill three birds with one stone: increase fuel supply, lower emissions, and help farmers.

Electric trucks could deliver a billion-dollar payload

Electric trucks could deliver a billion-dollar payload

Electric trucks could deliver a billion-dollar payload

Electric trucks could deliver a billion-dollar payload

Australian laws are keeping heavy-duty electric trucks off the road, a report says, when they could boost productivity by more than $2 billion.

Labor backs 'strong' fuel supply as petrol prices bite

Labor backs 'strong' fuel supply as petrol prices bite

Labor backs 'strong' fuel supply as petrol prices bite

Labor backs 'strong' fuel supply as petrol prices bite

Drivers continue to feel the pinch at the bowser despite strong national fuel supplies, as the ongoing volatile war in Iran drags on.

Sales surge: electric, hybrid cars drive vehicle record

Sales surge: electric, hybrid cars drive vehicle record

Sales surge: electric, hybrid cars drive vehicle record

Sales surge: electric, hybrid cars drive vehicle record

Electric and hybrid vehicles made up almost half of all new cars sold in July as Australian motorists turned away from rising fuel prices.

Fuel prices can't stop the music at outback festival

Fuel prices can't stop the music at outback festival

Fuel prices can't stop the music at outback festival

Fuel prices can't stop the music at outback festival

The rising cost of fuel has failed to deter thousands of music-loving campers hitting the road to travel to outback NSW for the Mundi Mundi Bash.

City drivers to cop first sting of end to fuel discount

City drivers to cop first sting of end to fuel discount

City drivers to cop first sting of end to fuel discount

City drivers to cop first sting of end to fuel discount

Households and businesses are bracing for more cost-of-living pressure as the government's fuel excise pause ends, pushing prices for petrol and diesel higher.

Household spending in spotlight as Iran war drags on

Household spending in spotlight as Iran war drags on

Household spending in spotlight as Iran war drags on

Household spending in spotlight as Iran war drags on

Data showing how households are managing the fallout from shaky global conditions caused by conflict in the Middle East is set to be closely scrutinised.

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Rock star Elder hails Gove mining closure as land win

The end of mining at Gove is a chance to reclaim Yolŋu land, an Indigenous Elder says, and turn Rio Tinto’s old fuel tanks into a national storage hub.

Fuel prices on the up as PM backs end to discount

Discounts to the fuel excise will come to an end within days, but the prime minister says the government could consider bringing it back in the future.

Fuel seller eyes massive earnings lift due to conflict

The company that owns one of Australia's two oil refineries says the Middle East war underscores the need to keep that capability, as the conflict continues.

'Build resilience': refinery touted but discount to end

A study will examine locations for what would be the first refinery to be built in Australia since the 1960s, as a cut to the fuel excise is set to end.

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'Too high': RBA rates warning as inflation fears flare

The Reserve Bank governor says interest rates may need to go higher, as Australia's weak productivity problem locks households in for lower living standards.

Drivers warned not to expect extended fuel excise cut

Anthony Albanese has indicated further price relief at the bowser is unlikely after an excise discount wraps up.

Fuel supply secure despite price alert as war grinds on

The nation's fuel supply remains secure despite the war in Iran but motorists should brace for rising prices as experts warn of extensive economic impacts.

Australia expands its fuel buffer against Gulf turmoil

Australia’s fuel reserves have hit all-time highs as the Iran conflict roils global oil markets, helping keep unleaded around $1.76 a litre in capital cities.

Trump threatens to shoot down signs of economic rebound

Oil prices are rising again as conflict between the US and Iran reignites, threatening a recent recovery in household confidence and spending.

Motorists to pay price for US blockade, toll in strait

While the government is concerned about the impact on petrol prices, the opposition warns a US toll in the Strait of Hormuz would set a dangerous precedent.

Used electric cars drive records as fuel prices bite

It's not just new car sales - electric vehicles are taking off in Australia's second-hand automotive market as buyers seek to avoid high petrol costs.

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