I've never seen so many household bills going up so steeply all at once. But right now there is one bill that's slightly cheaper than a year ago - petrol.
A large fire broke out at a fuel storage depot in Indonesia's capital on Friday, killing at least 17 people, injuring dozens of others and forcing the evacuation of thousands of nearby residents
BP's annual profit more than doubled last year to an all-time high of nearly $40.5 billion ($US28 billion), extending a record run of earnings for the world's oil majors that is fueling calls for higher taxes on the windfall gains.
East coast motorists have been warned they are facing a Christmas price surge despite wholesale prices in Sydney falling to the lowest level in months.
A national survey conducted by Finder found that of the 1,114 respondents, 53 per cent - an equivalent of 10.6 million Australians - admitted they will "struggle" to cover expenses over the holiday period.
BP's earnings more than doubled in the third quarter as the London-based energy giant benefited from high oil and natural gas prices following Russia's invasion of Ukraine.
Motorists have been urged to fill up their tanks with "cheap" petrol today while they can, before prices soar up to 40c a litre in some parts of the country.
The OPEC+ alliance of oil-exporting countries has decided to sharply cut production to support sagging oil prices, a move that could deal the struggling global economy another blow and raise petrol prices at the bowser.
Almost five million Australians will get a necessary increase to their welfare payments tomorrow as the government aims to ease the cost of living burden.
Fill up your car this month, because in a few weeks, Australia will go from cheaper than average to pricier than average - compared to the rest of the world.
California plans to require all new cars, trucks and SUVs to run on electricity or hydrogen by 2035 under a policy approved today by regulators that seeks a dramatic cut in carbon emissions and an eventual end to gasoline-powered vehicles.
A prolonged war in the South China Sea would threaten 90 per cent of Australia's fuel imports and supplies would run out after two months, a study released today warns.
Sky-high petrol prices are fuelling frustration among Perth drivers after the cost of the average commute jumped by more than a third in the past year.
A convoy of about 100 tip truck drivers have caused major traffic delays in Melbourne amid morning peak hour to try to send a message to the government about fuel costs.
A service station in Melbourne has apologised for posting an incorrect petrol price at one of its stores, after motorists queued to fill up at the cheap price on Wednesday night.
For the first time in nearly two months, crude oil prices have fallen below $US100 ($147) a barrel, reflecting investors' growing concerns about a US recession that could crimp demand for oil.
In a bid to reduce cost of living pressures, the federal government announced they would half the fuel excise rate from 44.2 cents to 22.1 cents for six months - until September 28.
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Residents of Kurnell in Sydney's south woke to an alarming petrol smell this morning after heavy rainfall saw a fuel retention pit fill with water, covering parts of the area in floodwater mixed with fuel.