A major fire at one of Australia's two remaining oil refineries isn't expected to have much effect on national prices.  

The fire at Viva Energy's Geelong facility will hinder its ability to make petrol, but it can still produce diesel and jet fuel. 

It's one of only two sites in Australia and produces 10% of the country's fuel. 

Australia Correspondent Murray Olds told Mike Hosking the fire underlines the perilous nature of the country’s fuel supplies, as they have very limited refining capacity.  

LISTEN ABOVE 

A major fire at one of Australia's two remaining oil refineries isn't expected to have much effect on national prices. &nbsp;
The fire at Viva Energy's Geelong facility will hinder its ability to make petrol, but it can still produce diesel and jet fuel.&nbsp;
It's one of only two sites in Australia and produces 10% of the country's fuel.&nbsp;
Australia Correspondent Murray Olds told Mike Hosking the fire underlines the perilous nature of the country’s fuel supplies, as they have very limited refining capacity. &nbsp;
LISTEN ABOVE&nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...

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Murray Olds: Australia Correspondent on the oil refinery fire, the IMF report, defence spending

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/4e703706-ccce-4083-9465-b42e016d7ad5/transcript