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Environment & Energy

thucythucy

(9,104 posts)

7. Possibly.

Reply to mitch96 (Reply #5)

Sun Apr 12, 2020, 07:28 PM

Apr 2020

But increasing the price might make up for a decrease in sales, especially if, as seems to be the case, demand has reached an all-time low already. If demand has bottomed out, then increasing the price won't bring a drop in demand. only an increase in money for Russia and OPEC and other producers.

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Record deal to cut oil output ends price war [View all] Eugene Apr 2020 OP

I know that this will disappoint some customerserviceguy Apr 2020 #1

I just read that Toyota is having a booming year selling RAV4 Hybrids.... mitch96 Apr 2020 #3

I wonder which country will suffer the most from this cut? mitch96 Apr 2020 #2

Low prices hurt the Russian economy thucythucy Apr 2020 #4

But if russia cut's production that means they won't sell as much,right? nt mitch96 Apr 2020 #5

Possibly. thucythucy Apr 2020 #7

Useless safeinOhio Apr 2020 #6