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Latest news: Petrol

Australia will avoid recession, despite global jitters

Australia will avoid recession, despite global jitters

One of the big four banks has delivered encouraging news about Australia's chances of avoiding a recession, which could still emerge in the global economy.

Signs point to bumpy road for motorists in fuel crisis

Signs point to bumpy road for motorists in fuel crisis

Signs point to bumpy road for motorists in fuel crisis

Signs point to bumpy road for motorists in fuel crisis

Higher fuel prices could be just weeks away as conflict in the Middle East drags on, with the nation's leaders committing to further crisis talks.

Worse to come as oil crisis adds fuel to rate-pain fire

Worse to come as oil crisis adds fuel to rate-pain fire

Worse to come as oil crisis adds fuel to rate-pain fire

Worse to come as oil crisis adds fuel to rate-pain fire

A rate hike in May is forecast by analysts after the Iran oil shock pushed the annual headline inflation level to the highest point in almost three years.

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Coalition fuel fix misfires over start-up funding doubt

Coalition fuel fix misfires over start-up funding doubt

Confusion reigns over who would pay for a coalition plan to add one billion litres to Australia's emergency fuel stocks - and if the supply figures add up.

More fuel on the way to bolster Australian reserves

More fuel on the way to bolster Australian reserves

An estimated 4.6 billion litres of fuel will come into the country during coming weeks, with 58 cargo ships due to arrive.

Impact on inflation from fuel price hike to be revealed

Impact on inflation from fuel price hike to be revealed

The first inflation figures since the Iran war started, causing petrol prices to skyrocket, will give clues on its cost - with home-buyers watching closely.

Extra diesel shipments prioritised for regional areas

Extra diesel shipments prioritised for regional areas

Two additional cargo ships of diesel will come into Australia, bringing in 100 million litres of supply after deals struck with two major fuel companies.

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Australia has more fuel in tank than before Iran war

Australia has more fuel in tank than before Iran war

Australia has more fuel in tank than before Iran war

Australia has more fuel in tank than before Iran war

As the repercussions of the US-led war on Iran continue and a crucial oil corridor remains effectively closed, Australia has topped up its fuel supply.

Search to shore up fuel security strikes 'liquid gold'

Search to shore up fuel security strikes 'liquid gold'

Search to shore up fuel security strikes 'liquid gold'

Search to shore up fuel security strikes 'liquid gold'

A renewable diesel project has been unveiled as a state government shores up fuel security after butting heads with the commonwealth over a proposed oil field.

Cracks show in One Nation vote as Hanson taunts rivals

Cracks show in One Nation vote as Hanson taunts rivals

Cracks show in One Nation vote as Hanson taunts rivals

Cracks show in One Nation vote as Hanson taunts rivals

The number of voters backing Pauline Hanson's political movement appears to have plateaued, but the firebrand senator says her rivals are copying her policies.

Truckies win fuel boost to fight dire price threat

Truckies win fuel boost to fight dire price threat

Truckies win fuel boost to fight dire price threat

Truckies win fuel boost to fight dire price threat

Transport workers could soon be getting more money to cover the costs of rising fuel prices from the Iran war after a decision from the workplace watchdog.

Drivers' fuel spend finally drops as oil channel shuts

Drivers' fuel spend finally drops as oil channel shuts

Drivers' fuel spend finally drops as oil channel shuts

Drivers' fuel spend finally drops as oil channel shuts

Australian motorists are caught between the US and Iran as the Islamic republic backflips on a promise to reopen a critical shipping route.

Reopening of strait "very fragile", PM says

Reopening of strait "very fragile", PM says

Reopening of strait "very fragile", PM says

Reopening of strait "very fragile", PM says

Dozens of oil tankers are on their way to Australia through the Strait of Hormuz as an international mission gets under way to ensure the waterway remains open.

Budget tightrope to cut oil dependence, ease inflation

Budget tightrope to cut oil dependence, ease inflation

Budget tightrope to cut oil dependence, ease inflation

Budget tightrope to cut oil dependence, ease inflation

The upcoming budget presents an opportunity to reduce reliance on vulnerable global fuel supply chains but comes at a time of multiple priorities to juggle.

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Compromises abound in PM's global hunt for extra fuel

As fuel supplies tighten, world leaders - including Australia's - are having to make uncomfortable choices about where they source their oil.

By-election sparked by MP's death ignites fuel debate

A by-election date has been confirmed after an MP's sudden death, triggering debate about a state government's handling of the fuel crisis.

No extra fuel security measures after refinery inferno

An increase in Australia's fuel security level is not being considered, despite a major fire at an oil refinery disrupting 40 per cent of petrol production.

Fresh fuel supply fears hosed down after refinery blaze

Australia will lean more heavily on fuel imports after a fire caused by a suspected gas leak ripped through one of the nation's two oil refineries.

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Pressure over fuel, fertiliser as refinery burns

Fertiliser, fuel and a refinery fire at home are causing concern amid the ongoing conflict in the Middle East.

Australia joins calls for Iran ceasefire to be upheld

A dozen finance ministers have signed a joint statement calling on the US, Israel and Iran to implement the ceasefire in full as the global economy teeters.

'Oil doesn't discriminate': businesses on shaky ground

Even if the Middle East conflict is resolved soon, Australia's business sector will take time to recover from a shaky start to 2026.

Qantas route cuts will hit hard for regional travellers

Australians in regional areas will bear the brunt of increased airfares and reduced services as Qantas cuts routes in response to increasing fuel prices.

Electric truck transition preparing for the long haul

Overseas competition and boosted government incentives for fleet electrification are good omens for a trucking industry on the brink of a battery revolution.

Unions lobby to unlock fuel cap for workers who drive

Australia's peak union body is calling for fuel allowances for workers to be increased to help them meet rising costs at the bowser.

All options on table in drive to shore up fuel supply

Encouraging the extraction of more fossil fuels and developing more renewable projects is being considered to bolster Australia's long-term energy security.

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