Australia's Government Taking Sensible Steps to Address Fuel Crunch -- Market Talk

Dow Jones

Mar 31

2232 GMT [Dow Jones]--Measures taken by Australia's government to improve fuel supply since the effective closure of the Strait of Hormuz have been fairly collaborative and sensible, says Macquarie. For example, it thinks officials will extend the relaxation of fuel-quality standards to improve domestic supply. The government on March 12 agreed to allow higher sulfur levels in petrol for 60 days. Ampol and Viva Energy, Australia's two refiners, are benefiting from the rise in refining margins. Macquarie raises a forecast for Ampol's EPS this year by 42%, and by 62% for Viva Energy. Its price target on Ampol lifts 11% to A$40.00/share and on Viva Energy increases by 30% to A$3.50/share. Ampol and Viva Energy ended Monday at A$34.00 and A$2.53, respectively. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

March 30, 2026 18:34 ET (22:34 GMT)

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For example, it thinks officials will extend the relaxation of fuel-quality standards to improve domestic supply. The government on March 12 agreed to allow higher sulfur levels in petrol for 60 days. Ampol and <a href=\"https://laohu8.com/S/VEA.AU\">Viva Energy</a>, Australia's two refiners, are benefiting from the rise in refining margins. Macquarie raises a forecast for Ampol's EPS this year by 42%, and by 62% for Viva Energy. Its price target on Ampol lifts 11% to A$40.00/share and on Viva Energy increases by 30% to A$3.50/share. Ampol and Viva Energy ended Monday at A$34.00 and A$2.53, respectively. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 30, 2026 18:34 ET (22:34 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Australia's Government Taking Sensible Steps to Address Fuel Crunch -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAustralia's Government Taking Sensible Steps to Address Fuel Crunch -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-03-31 06:34</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  2232 GMT [Dow Jones]--Measures taken by Australia's government to improve fuel supply since the effective closure of the Strait of Hormuz have been fairly collaborative and sensible, says <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a>. For example, it thinks officials will extend the relaxation of fuel-quality standards to improve domestic supply. The government on March 12 agreed to allow higher sulfur levels in petrol for 60 days. Ampol and <a href=\"https://laohu8.com/S/VEA.AU\">Viva Energy</a>, Australia's two refiners, are benefiting from the rise in refining margins. Macquarie raises a forecast for Ampol's EPS this year by 42%, and by 62% for Viva Energy. Its price target on Ampol lifts 11% to A$40.00/share and on Viva Energy increases by 30% to A$3.50/share. Ampol and Viva Energy ended Monday at A$34.00 and A$2.53, respectively. 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For example, it thinks officials will extend the relaxation of fuel-quality standards to improve domestic supply. The government on March 12 agreed to allow higher sulfur levels in petrol for 60 days. Ampol and Viva Energy, Australia's two refiners, are benefiting from the rise in refining margins. Macquarie raises a forecast for Ampol's EPS this year by 42%, and by 62% for Viva Energy. Its price target on Ampol lifts 11% to A$40.00/share and on Viva Energy increases by 30% to A$3.50/share. Ampol and Viva Energy ended Monday at A$34.00 and A$2.53, respectively. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7065":"石油与天然气的炼制和营销","ALD.AU":"AMPOL LTD","VEA.AU":"VIVA ENERGY GROUP LTD"},"translate_title":"澳大利亚政府采取明智措施解决燃料紧缩问题——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ALD.AU":0.9,"VEA.AU":0.9},"content_text":"2232 GMT [Dow Jones]--Measures taken by Australia's government to improve fuel supply since the effective closure of the Strait of Hormuz have been fairly collaborative and sensible, says Macquarie. For example, it thinks officials will extend the relaxation of fuel-quality standards to improve domestic supply. The government on March 12 agreed to allow higher sulfur levels in petrol for 60 days. Ampol and Viva Energy, Australia's two refiners, are benefiting from the rise in refining margins. Macquarie raises a forecast for Ampol's EPS this year by 42%, and by 62% for Viva Energy. Its price target on Ampol lifts 11% to A$40.00/share and on Viva Energy increases by 30% to A$3.50/share. Ampol and Viva Energy ended Monday at A$34.00 and A$2.53, respectively. (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 30, 2026 18:34 ET (22:34 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"express","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}