Austrians to Save Some EUR 2.3 Billion Due to Low Oil Price

Published: February 25, 2016; 16:00 · (FriedlNews)

According to economic research agency WIFO the low oil price has allowed Austrians to save some EUR 2.3 billion (USD 2.6 billion) y/y, based on the reference oil price from 2014. Private households alone saved EUR 800-850 million.

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