Get all your news in one place.
100's of premium titles.
One app.
Start reading
ABC News
ABC News
Business
energy reporter Daniel Mercer

OPEC+ slashes output on global recession fears; Australian motorists to be spared Easter pain

The vast majority of cars in Australia use fossil fuels. (ABC News: Luke Bowden)

Australians setting off for Easter holiday road trips are likely to be spared any immediate hit from a decision by the global oil cartel to cut production in a bid to boost sagging prices.

But motorists are being warned they face eventually paying more at the bowser than they otherwise would have after the group known as OPEC+ resolved to slash oil output by a million barrels a day.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.