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

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 […]