Industry News

Latest from Australia's industrial and energy sectors

Oilprice.com • 28 Sep 2026
Why Blocking U.S. Diesel Exports Could Make Fuel More Expensive

Talk of a possible ban on U.S. exports of diesel fuel to curb soaring prices at the pump could end up pushing all fuel prices …

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Oilprice.com • 28 Sep 2026
Standard Chartered: Record CTA Long Bets Are Capping Oil's Upside

Oil prices rebounded from their recent slide on fears of U.S.-Iran escalation after attempts at diplomacy yielded mixed results, with speeches by leaders on both …

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Oilprice.com • 28 Sep 2026
How AI Could Upend the Secretive World of Fuel Trading

The fuel trading market is expanding from an established group of specialized desks at oil majors, commodity trading houses, and refiners to AI-assisted trades. AI …

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Oilprice.com • 28 Sep 2026
The World Is Entering a New Era of Energy Security

The U.S.–Iran and Russia–Ukraine wars are more than regional or military conflicts. They are exposing weaknesses in the global energy and economic system and demonstrating …

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Oilprice.com • 28 Sep 2026
Europe’s Gas Forecasts Are Not an Energy Strategy

Energy models have an unusual talent. However chaotic the present may be, the future almost always becomes remarkably calm. Wars end. Shipping lanes reopen. LNG …

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Oilprice.com • 28 Sep 2026
U.S. Strategic Petroleum Reserve Falls to Lowest Level Since 1982

Crude stocks in the U.S. Strategic Petroleum Reserve stood at 284.6 million barrels for the week ending September 18, according to the Energy Information Administration, …

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Oilprice.com • 28 Sep 2026
Record Diesel Costs Add Fresh Pressure on UK Economy

The UK economy entered “uncharted territory” on Monday, battling an assortment of financial pressures as fears intensified ahead of the next Budget. Diesel costs surged …

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Oilprice.com • 28 Sep 2026
Russia Tightens Secrecy On Energy Exports

Refinery production figures, export contracts and tanker routes are now off-limits to public reporting in Russia, under a decree Putin signed Monday, Reuters reported. The …

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Oilprice.com • 28 Sep 2026
Can Fracking Reverse Colombia’s Oil and Gas Decline?

Colombia’s economically vital petroleum industry is in a death spiral. Oil and natural gas production is falling despite efforts to boost output and grow efficiencies. …

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Oilprice.com • 28 Sep 2026
SpaceX Sends Starship to Orbit and Deploys 26 Starlink V3 Satellites

SpaceX's Starship reached orbit for the first time on Monday, Reuters reported, deploying 26 Starlink V3 satellites on the vehicle's 14th test flight after one …

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Oilprice.com • 28 Sep 2026
What’s Putin’s Secret Post-Election Strategy To Test NATO?

The 2026 Russian legislative election to select all 450 seats of the State Duma (the lower house of parliament) ended on 20 September with President …

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Oilprice.com • 28 Sep 2026
High Freight Costs Push More U.S. LNG Toward Europe

Europe is currently benefiting from the closed arbitrage between the U.S. Gulf Coast and Asia and is taking more LNG supplies in possible relief from …

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