 "oil, crude oil, oil rig")
As India continues to be a large importer of crude oil, a change of even $1 per barrel will impact the country's import bill by Rs 61.6 billion, says India Ratings (Ind-Ra).
According to the ratings agency, if the organisation of the petroleum exporting countries (Opec) and its allies decide to hold their supply, oil prices are likely to rebound.
"This will increase India's import bill as it meets over 80 per cent of its demand through imports, and a change of
According to the ratings agency, if the organisation of the petroleum exporting countries (Opec) and its allies decide to hold their supply, oil prices are likely to rebound.
"This will increase India's import bill as it meets over 80 per cent of its demand through imports, and a change of
