Oil and Gas

Looking around the world, there are lots of good economic indicators. One of our favourites is the crude oil price.

Crude is used in multiple industries, particularly transport. It’s also used in food. As a matter of interest, I’m not talking about vegetable oil either. It’s used in lollies, laxatives, mints and chips. Plus much more. Kitchen items, clothing and furniture also use crude oil. Interestingly, petroleum is used to make clothes colourful and non-flammable.

Oil Price in Australia

With its widespread use, crude provides a good picture of how the global economy is tracking. Our editors cover crude oil frequently. So, if you’re looking for the latest analysis & oil prices, you have come to the right place. History shows a fortune can be made in the oil and gas sector, when investing in the right companies. But you also need to invest at the right time. When’s the right time? Well, our editors will try and give you that answer.

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Expect Higher Oil Prices

There are increasing regional tensions in the Middle East, and trouble in oil producing Venezuela. There is also a supply shortage after Russia and the OPEC agreed to cut production. So, oil at US$100 a…

Make Way for the Petroyuan

China is also looking to promote the Yuan around the world to become more prominent in international trade. This is a very big deal. Especially as it is coming at a time when there are…

Saudi Arabia’s Oil Purge

With one of the world’s largest petroleum fields and about US$1.2 billion in reserves, the country urgently needs to reduce its reliance on oil. It provides three-quarters of state revenue. The clock is ticking…

Markets and Money