DescriptionUnderstanding the relationship between market prices is important to understanding the fuels market in Australia.
DescriptionShifting consumer preferences, as well as economic and policy changes, have seen the demand for LPG powered vehicles and LPG fuel decline sharply in recent years.
DescriptionFuel prices around the world are largely determined by regional markets and the benchmark prices and government taxes applying in those markets.
DescriptionThe Australian Institute of Petroleum (AIP) was formed in 1976 to promote industry self-regulation and an effective dialogue between the oil industry, government and the community. It replaced a number of other organisations including the Petroleum Information Bureau that had been operating in…