Category: global oil prices

Australian Airlines to Charge More for Flight Tickets

Australians will have to pay more the next time they book their flight tickets as airlines are going to pass the steeply rising fuel costs on to customers soon, Qantas CEO has warned. During his speech at the Australian Financial Review Business Summit in Sydney on March 8, Alan Joyce, the chief executive of Qantas,…


Rising Petrol Prices Spark Higher Inflation Worries in Australia

Australians are feeling pain at the pump after petrol prices reached record highs in recent weeks, eliciting more calls for a slash in fuel excise tax to curb the rising cost of living. The Australian Institute of Petroleum, an industry representative body, said the national average price for unleaded petrol went up another three point…