A focus on green energy growth could be a bonus for China’s economy.
Articles on Oil prices
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Governments in Australia and New Zealand aren’t sitting idle in the face of spiking fuel prices. Here’s what they’re doing – and what might make a difference
Diesel powers most freight trucks. As oil prices spike, electric trucks are looking more attractive – if upfront cost and charging barriers can be overcome
Mass panic buying creates new problems for everyone that otherwise wouldn’t exist. To get people to stop, we need to give them a smarter message.
The last cut in the fuel excise cost $5 billion. A temporary tax on gas exports could provide more targeted relief for households.
Oil shocks create winners and losers, but the Canadian dollar no longer softens the blow the way it once did.
Oil is a key feedstock for everything from plastics to cosmetics. Over time, we’re likely to see less oil burned for transport – and more used to make products.
The Reserve Bank’s Andrew Hauser told The Conversation’s podcast inflation is likely to be higher than projected before the war in the Middle East broke out.
The Strait of Hormuz is one of the world’s most important economic chokepoints, and it has just been closed off by the conflict in Iran.
How to read the signals in the markets.
The rise in the oil price so far complicates the outlook, but does not resemble past energy crises.
Oil prices are responding to risk – not just supply shortages.
Iran has warned it could close down the strait, through which 20% of the world’s oil transits each day.
Political chaos, sanctions and technical mismanagement of the oil industry may have taken a heavy toll on the industry.
There are good reasons why Venezuela’s oil has been trading at a discount.
Canada and Venezuela compete in the same heavy-oil regional and global markets, so shifts in supply from Canada to Venezuela would widely reverberate across the Canadian economy.
An oil surplus means that so far reaction has been muted – but disruption and rising prices could still be on the cards.
Despite not relying on Iran for its oil supplies, petrol and other prices in Australia will rise due to the global impact of the Israel–Iranian war.
Oil exporters have made hay with high prices, but their environments have borne the costs.
Angry, accusatory partisan exchanges over the Middle East war have dominated federal politics this week. But for most ordinary voters the issue remains “over there”.
Top contributors
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Lecturer in Energy Systems, University of Oxford
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Lecturer in International Studies, University of Washington
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Professor Emeritus of Economics, McMaster University
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Honorary Fellow, The University of Queensland
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Professor of Finance and Distinguished Professor of Applied Investments, Appalachian State University
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Professorial Fellow, University of Canberra
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Professor, Geography Department and School of Public Policy & Global Affairs, University of British Columbia
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Director, Energy, Climate Justice, and Sustainability Lab, and Research Professor, New York University; Tufts University
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Professor and Head, School of Business, Monash University Malaysia
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Energy Economist, University of Surrey
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Associate Professor, School of Economics, University of Sydney
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Director, Queen's Institute for Energy and Environmental Policy, Queen's University, Ontario
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Associate Professor of Finance, Mississippi State University
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Associate Professor of Economics and Finance, University of Tasmania
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Departmental Visitor, Centre for Arab and Islamic Studies, Australian National University