Exports from an oil field off WA's Pilbara are at a standstill after an oil spill in December. The regulator says it has identified "systemic failures" at the Canadian-owned Wandoo facility ... .
Global energy markets exhibited cautious stability on Wednesday, with West Texas Intermediate (WTI) crude oil futures holding firmly below the $63.00 per barrel threshold ... WTI Crude Oil Price Action and Technical Context.
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In a late-night announcement, the petroleum division said the revision followed movements in international markets and recommendations from the Oil and GasRegulatory Authority (Ogra).