Virus crisis worsens for Caltex as ships store oil glut out at sea
Australian fuel giant Caltex says the pain of the coronavirus-driven collapse in demand has become even more acute as traders turn to ships to store crude oil nobody is...
Australian fuel giant Caltex says the pain of the coronavirus-driven collapse in demand has become even more acute as traders turn to ships to store crude oil nobody is...
Key points: The biofuels sector says the pandemic is an ideal time to review Australia’s commitment to biofuels Bioenergy Australia says a boost in domestic biofuel consumption could help...
For the first time, futures oil prices in North America recently fell into negative territory following a 30 per cent drop in global demand for crude oil and refined...
BP PLC said debt rose sharply and warned of falling production and a worsening outlook for refining margins, offering a first look at how the new coronavirus pandemic is...
If retail petrol prices across Canberra don’t fall to under $1 a litre by the end of the week, the ACT government will use its powers under the Fair...
Viva Energy will shut down two units at its refinery in Geelong in the latest move among fuels suppliers to tackle a surplus caused by the slump in demand...