• 03
    Jun
    2019

    Amid trade war, India sees fall in fuel prices

    Amid trade war, India sees fall in fuel prices  Times of IndiaNEW DELHI: The ongoing trade war fears might not be good for the global growth outlook but it is resulting in falling crude oil prices. Oil rates fell by around 1 per cent on Monday, extending losses of over 3 per cent from Friday, when crude markets slipped to their biggest monthly losses in six months amid stalling demand and as US-China trade wars fanned fears of a global economic slowdown. The tensions grew further when US President Donald Trump threatened tariffs on Mexico, one of its major supplier of crude oil. Brent crude futures were at $61.28 at 12:29 pm. That was 71 cents, or 1.1...

    Source: Times of India | 04:14 PM

    https://timesofindia.indiatimes.com/business/india-business/how-trade-wars-resulting-in-lower-petrol-diesel-prices/articleshow/69632313.cms

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