Global oil price hike passed to consumers Will that happen with food too?
Brent crude prices crossed the $75-per-barrel psychological level last week and closed at $76.18 on Friday, the highest since October 29, 2018. While the increase in international oil prices – Brent was trading at just over $41/barrel a year ago – is being fully passed on to Indian consumers, it raises a related question: Will […]
Global oil price hike passed to consumers Will that happen with food too?
Brent crude prices crossed the $75-per-barrel psychological level last week and closed at $76.18 on Friday, the highest since October 29, 2018. While the increase in international oil prices – Brent was trading at just over $41/barrel a year ago – is being fully passed on to Indian consumers, it raises a related question: Will […]
