ASX to tumble as oil soars; petrol rationing begins; AusPost’s 3,000 parcels a minute

Monday 9 March 2026

The local share market is set to tumble after the price of oil pushes above $US92 a barrel. 

• Some petrol wholesalers begin rationing supplies to service stations
• Australia Post managed to deliver more than 3,000 parcels a minute during the Christmas rush
• A strong week for auctions
• How the boom in date centres created a boom in “man camps”

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