Australian liquid fuels stocks up for assessment, as reserves sit below 50 days

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Josh Frydenberg, Minister for the Environment and Energy, has announced plans to assess Australian liquid fuel security for the first time since 2011. As a member of the International Energy Agency (IEA), Australia is obliged to hold 90 days worth of crude oil, liquified-petroleum gas, petrol, diesel and aviation fuel in reserve. Why? Given we’re […]

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