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Alan Kohler takes a deep dive into oil. The price has collapsed over the past few months because Russia and Saudi Arabia have Drought conditions and extreme weather in Europe have impacted olive crops, causing supply to dry up. As the price of Petrol prices stay high despite the fall in oil prices | ABC News

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The average price of a gallon of gas is $3.47, which is 30% lower than its peak in mid-June, according to AAA. #ABCNews Petrol prices set to soar after attack on Saudi oil fields | ABC News

Markets have had an anxious response to Israeli strikes on Iran with oil and gold prices spiking dramatically. Local shares in oil Russian petrol prices at record highs as Ukraine targets oil refineries | ABC NEWS Putin downplays US sanctions on Russian oil | ABC NEWS

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The benchmark oil price has jumped more than 7 per cent within 24 hours as Israel launched attacks on Iranian oil facilities during Oil production up, prices down? | ABC NEWS

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Oil prices fall ahead of potential Trump-Putin meeting | Finance Report | ABC NEWS In 2017, the ABC told us that the oil price probably won't ever reach $50 again. Today it's $110!

Oil prices respond to escalating crisis in the Middle East | ABC NEWS Petrol prices have hit a record high in Russia as Ukraine escalates its attacks on the country's oil refineries. Oil is Russia's biggest

Donald Trump has asked Saudi Arabia and OPEC to drop the price of crude oil and he wants to boost US production, Alan Kohler David Chau explains why you've seen petrol prices rise again over the last few days. The answer? Well it's a bit vague, and the ABC: Under Biden, Americans Should Expect Gas Prices To Hit $4.55 As Oil Prices Hit 13-Year High

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The flow on effects from the market is already seeing some slight changes on the cost of petrol at the pump. Subscribe: Stock trading was halted for 15 minutes on Monday morning after the S&P 500 plummeted more than 7%. READ MORE: Some people have never seen petrol prices this low before, a result of the demand for oil hitting historic lows. The benchmark

A documentary segment about oil reserves, prices and impact on the Australian economy. Video remains property of ABC. ABC-7 Xtra: Rising gas prices 5.22.22 If you've been to fill up your car recently, you may have had quite a shock to see that petrol prices now well above the $2 a litre

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ABC News Live: Gas prices likely to rise after OPEC+ decision to cut production The global oil price has been rising for months, up by more than ten per cent since March alone. This means increased pain at the

ABC DFW asked Jay Young to come on the air and discuss oil prices. Jay is a fourth generation oil and gas professional. He has a The local sharemarket produced another solid rise while global oil prices fell for the fourth day in a row. Data from Cotality shows

ABC Catalyst S12E11 Peak Oil Full The latest consumer price index data shows the price of edible oils rose 14 per cent in the last year. Subscribe: Petrol prices are set to soar as a result of an attack on two Saudi Arabian oil processing plants over the weekend. The Kingdom is

Why have petrol prices jumped up again? | Finance Shorts | ABC News Oil and gold prices soar after Israeli strikes on Iran | ABC NEWS The oil price has dropped massively, and that's great! right? | ABC News

ABC-7 Xtra: Rising gas prices 5.22.22. President Joe Biden on Tuesday announced the U.S. would ban Russian oil imports over the invasion in Ukraine. The oil price rebounded today, leaving the local sharemarket flat and boosting the Australian dollar. For more from ABC News,

Surging oil price hurting cash-strapped consumers | The Business | ABC News After the OPEC+ oil cut, the price will rise even further. The price will increase as much as 40 cents, reaching as high as $4.26, analysts said

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A slump in the oil price is not going to lead to immediate relief in fuel prices and the temporary cut in the fuel excise ends in soon. Consumer Watchdog's Jamie Court explains how Big Oil's 5 refineries that control 97% of the gas production in CA collude to all Crude petroleum prices were up 10.6%, while unprocessed energy materials prices increased 8.2%. Natural gas prices were down slightly by 0.9%. “Construction

Why is olive oil so expensive right now? | ABC News The global price of crude oil has had it's biggest one-day drop in more than a year. Subscribe: Read more

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Crude oil drop hit energy stocks | Finance Report | ABC News Saudi Arabia and Russia have intensified their oil price war, with both nations threatening to flood the world with hundreds of And the reason the ABC's finance guy, Alan Kohler, said this was because there were "more and more cars being sold, powered

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The cost of unleaded fuel in Australia soars to new highs | ABC News Santos squeezed by softening LNG price | The Business | ABC News