global oil prices

The global oil market has seen a sharp spike in prices, with Brent crude oil now trading at around $77 a barrel—a 7 percent increase in just over a week.

Australian exports are forecast to fall from $467 billion in 2022–23 to $352 billion by 2024-25.

The global oil market has seen a sharp spike in prices, with Brent crude oil now trading at around $77 a barrel—a 7 percent increase in just over a week.

Australian exports are forecast to fall from $467 billion in 2022–23 to $352 billion by 2024-25.