Impact Of Falling Crude Prices On OMCs & India’s Fiscal Situation

Impact Of Falling Crude Prices On OMCs & India’s Fiscal Situation

Subscribe Now To Our Network Channels :-br ET Now : Times Now : The NewsHour Debate : br The panic run amongst oil traders continues - the Brent has plummeted to five-year lows, below $70 a barrel after the OPEC decided not to cut production last week. Thanks to the global crude prices crashing, India, for the first time in a decade, could be staring at an annual fuel subsidy bill of less than Rs 65,000 crores.


User: ET NOW

Views: 4

Uploaded: 2014-12-02

Duration: 01:47

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