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Australia Fuel Price Shock: What 4.3% Inflation Costs You
The Australia fuel price shock lifted inflation to 4.3%. We break down the cost per tank and the RBA cash rate hike expected on November 3.
Sustainable Aviation Fuel: SIA to Buy Waste-Gas Jet Fuel Made in Singapore
Sustainable aviation fuel made from waste gases is coming to Singapore. SIA will buy up to 4,800 tonnes from Aether’s Project Beacon from 2028. Here is what it means for flyers and investors.
Jio IPO: Inside the Record ₹30,213 Crore Issue Shaking Up Indian Markets
The Jio IPO has become the biggest market story in India in years. Jio Platforms’ ₹30,213 crore public issue has drawn total demand of ₹3.2 lakh crore, with public subscription hitting 3.1 times on the first day and the anchor book drawing bids worth more than ₹2.5 lakh crore. It is the first public issue…
Ampol Refinery Shutdown Extended: Lytton Delay Cuts Christmas Fuel Supply
The Ampol refinery shutdown has been extended, with the fuel giant delaying the restart of its Lytton refinery in Brisbane after bringing forward maintenance work on its catalytic cracking unit. The delay cuts roughly 150 million litres of gasoline, diesel and jet fuel from fourth-quarter output — raising fears over Australia’s refined-fuel supplies heading into…
Zelenskyy Escalates Oil Refinery Strikes as Ukraine Disables 51% of Russian Capacity
Ukraine says it has disabled 51% of Russia’s oil refining capacity through long-range strikes. President Zelenskyy vows to escalate attacks on energy infrastructure in response to Moscow’s winter offensive targeting civilians.
Japan’s PM Takaichi Skips G7 Oil Crisis Meeting on October 2
Japan’s PM Takaichi skipped an October 2 G7 emergency meeting on diesel prices and oil reserves. France convened the video call last-minute. Japan sent deputy Endo instead.
G7 Releases 100M Barrels After Trump Threatens Diesel Ban
G7 countries agreed to release 100 million barrels of diesel and crude oil from reserves over four months after Trump’s export ban threat, with substantial diesel supplies hitting markets within 20 days to ease global fuel price pressures.
Trump Backs Diesel Export Ban as US Fuel Hits Record $6.53 per Gallon
Trump backs diesel export ban as US prices hit record $6.53 per gallon. Treasury examining feasibility as wars squeeze global supplies. Decision expected soon.
Diesel Hits Record $6.06 a Gallon as Middle East War Disrupts Supply
US diesel prices hit a record $6.06 per gallon on September 11 as Middle East conflict damages Saudi pipelines and disrupts refining. Higher transportation costs expected to ripple through food and retail prices.