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Petrol may drop to AU$1 per liter in the upcoming price war

Accepted submission by Anonymous Coward at 2020-03-09 09:13:51 from the Just like the good old days dept.
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OPEC tried to keep prices high by cutting output but Russia instead started a price war [news.com.au] which could see petrol drop to AU$1. With Saudi Arabia and Russia battling it out for market share to get past the US it could be consumers who come out on top. This change could affect many markets from agriculture to shipping having impacts across the world.

So much for OPEC neutrality.


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