(EnergyAsia, August 18) — High oil prices and the rising cost of oil imports are hurting India’s economy, according to the Reserve Bank of India (RBI). In a recent report, it said that the average crude oil price Indian importers had to pay has increased to US$52.2/barrel in the April to June period compared…
INDIA: High cost of crude imports hurting economy
Posted on August 18, 2005 by EnergyAsia