Oil Markets & Global Events

Australian pump prices start a long way from the forecourt. This sub-topic follows crude oil benchmarks, OPEC+ decisions, the Australian dollar, refining margins in Singapore and the conflicts and supply shocks overseas that flow through to the price of petrol and diesel here.
You can’t control any of it, but understanding it helps you plan stock purchases, anticipate margin pressure and answer the customer who asks why fuel has gone up again.