• 03
    Dec
    2015

    The curious case of high petroleum consumption

    LivemintThe curious case of high petroleum consumptionLivemintIn FY06, Indian crude basket price had increased as much as 42% over the previous year in dollar terms. In complete contrast, Indian crude price basket saw a sharp drop of 47% for 7MFY16. This highlights petroleum consumption increases when prices fall.

    Source: Livemint | 07:44 AM

    http://www.livemint.com/Money/EETR2vuHSnHaeB8iVIUhnJ/The-curious-case-of-high-petroleum-consumption.html

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