Australia faces diesel price spike as US export curbs are considered
Australian diesel prices could rise above $3 a litre if the Trump administration moves ahead with a ban on US diesel exports, according to market reporting on Thursday. The warning comes as fuel costs climb amid disrupted global supply and renewed pressure on international oil markets. Canberra is currently recording the highest diesel price among the capital cities, at 298.7 cents per litre.The same reporting said unleaded petrol in Canberra was priced at 250 cents per litre, while diesel prices in other cities were not far behind. Prices have risen by nearly 40 cents a litre since the start of... [Continue Reading]
Sponsored

