Oil of oil is a very important product.

It is also an important commodity in the Australian economy and, according to recent data, it’s one of the most valuable commodities in the world.

But it is also a complex and volatile commodity.

Today’s oil is made from different sources and is often produced from different geological formations.

Today, most of the world’s oil reserves are concentrated in the North Sea.

This is because the North Atlantic Ocean separates the United Kingdom and Ireland from the rest of Europe.

Today most of that oil is located in the north of England and the North East of Scotland.

Australia has an estimated 20 million barrels of oil in reserve.

It has also recently expanded its oil and gas resources in the Marlborough Basin, which lies in the South Pacific.

The Marlboro Basin is home to a number of key oil and natural gas deposits, including the Marley, Laysan and Parishash deposits.

Some of the major hydrocarbon reserves in the region are in the Goulburn Basin, located near the Gulf of Carpentaria.

There are also several smaller deposits in the Wiradjuri Basin, in the Cairns Basin, and in the Darling Downs Basin.

Many of the hydrocarbon deposits are located in areas that were formerly covered by the oil and chemical industry, which was the dominant industry in Australia.

Today there are about 20 oil and hydrocarbon fields, some of which are large-scale producers, some are small-scale, and some are undeveloped.

Many people in Australia believe that, at some point in the future, Australia will need to find more oil.

What is the price of oil?

According to the World Bank, the world has an annual oil price of $70 per barrel, and the median price is $57 per barrel.

In the last three months, the Australian dollar has risen by 2.8% against the US dollar.

What are the major oil and mining companies?

PetroChina, one of Australia’s largest companies, has more than 40,000 employees and produces some of the biggest oil in the country.

PetroChina is also the largest privately owned company in Australia and has a market capitalisation of $6.4 billion.

PetroIndia is the largest mining company in the state of Victoria.

PetroVietnam has about 100,000 staff and produces about 50% of Australia, and it has about 60 million barrels in reserves.

Total is Australia’s third largest oil company and owns about 40% of its assets.

Royal Dutch Shell, one the worlds largest oil companies, is also one of a number that operate in Australia, having a market value of about $20 billion.

Why is the oil price so high?

In the 1980s and 1990s, oil prices were fairly low.

Today the world is in an oil crisis.

Australia is a net exporter of oil and is the world leader in developing the resource.

The global price of crude oil has fallen by about 30% since the early 1990s.

In 2016, the International Energy Agency (IEA) projected that global crude oil prices would fall by around 20% from their highs in 2005, but they have so far fallen by just over 10%.

This is partly due to a global price collapse that began in 2013, when the price fell by 40% from its highs of around $115 per barrel in 2007.

The Australian dollar is now trading at around 80 cents US.

What happens if oil prices fall?

There are several ways that the price can fall.

In theory, prices could fall when oil prices are low, which is the case when the world economy is weak or when the global economy is booming.

In practice, prices will always fall when the economy is strong.

In such a scenario, it can be difficult for a producer to earn enough money to keep up with the rising cost of production.

The oil price can also fall when other commodity prices are higher, like in the case of copper, iron ore and gold.

In either case, the price will be influenced by a number the price makers and investors expect to occur, such as increased demand, or a shift in supply to make up for the cost of producing oil.

There is also some evidence that oil prices will be affected by events such as natural disasters, economic shocks, natural disasters such as floods, and a change in the political climate.

Who owns the oil?

The oil companies are the owners of the vast majority of the country’s oil.

They own about 40 million barrels a day.

They also own the vast quantities of water that they can use to extract the oil from the ground.

The main companies are: Chevron, Shell, PetroChina and Total.

How do the oil companies benefit from the oil boom?

According a report by the World Resources Institute, the oil sector in Australia generates about $50 billion a year in revenue.

The industry also accounts for almost $2.4 trillion in GDP.

In total, the sector has a value of $25 trillion

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