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The powerful oil ‘cartel’ that controls the amount you pay at the pump

Ian Blackley
Article image for The powerful oil ‘cartel’ that controls the amount you pay at the pump

A powerful oil cartel controls the price we pay at the petrol pump, but its influence could wane.

ABC Business Reporter Nassim Khadem told Ian Blackley on 6PR’s Afternoons the influential power is predominantly based in the Middle East, North and West Africa and South America.

Press PLAY to hear the full story

Photo: Reuters,  Dado Ruvic/File

Ian Blackley
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