Australia's Ampol: Fuel supply has been secured at least until the end of May.
Australian fuel refiner Ampol has ensured the supply of diesel and aviation fuel until the end of May, and confirmed that gasoline supply can last until the end of June. Ampol said on Wednesday that in the weeks following the US and Israeli attacks on Iran, the company has supported customers' fuel hoarding needs with strong inventory levels. The company also stated that it has sold several batches of locked-in spot inventory and arbitrage cargoes before the conflict began. As one of only two fuel refiners in Australia, Ampol stated that its Lytton refinery uses light, low sulfur crude oil, which has been consistently supplied despite higher costs. The company said that crude oil supply is guaranteed until July.
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