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Ace Daily News

(AUSTRALIA) ACCC REPORT: Cuts in oil production by the OPEC cartel and other big producers, combined with a pick-up in global fuel demand, led to higher petrol prices in Australia’s five largest capital cities in the March 2021 quarter #AceNewsDesk report

#AceNewsReport – July.07: Over the last 40 years, international crude oil prices in inflation-adjusted terms were on average around USD 61 per barrel. In March 2021 monthly average crude oil prices were above this long-term average for the first time since December 2019. #AceDailyNews reports petrol prices rise on the back of higher international crude […]