This article discusses structural changes and emerging policy issues in the wholesale and retail sectors of the Australian petrol industry. The evolution of upstream wholesale markets is a globalization story: rapid economic growth in countries like China and India are bringing global crude and...

Most oil-producing countries have now nationalised their oil reserves and are pursuing their own pricing and marketing policies; in recent years some of them have attempted to extend their influence over the oil market by undertaking processing activities downstream from oil production. What...