ABC News Daily

How an oil cartel is pushing up petrol prices

09.24.2023 - By ABCPlay

Download our free app to listen on your phone

Download on the App StoreGet it on Google Play

If you’ve filled up your car recently, you may have had quite a shock as petrol prices are well above $2 a litre.

You might be surprised to know the current high price of fuel has little to do with the war in Ukraine.

Today, business reporter Nassim Khadem on the forces behind the price hikes and why petrol prices won’t be coming down any time soon.  

Featured: 

Nassim Khadem, ABC business reporter

More episodes from ABC News Daily