How will the surge in crude oil prices affect various sectors?
Global crude oil prices are rising. This may impact the profits of several companies. Sectors like refining, paints, and aviation could face challenges. Oil producers and electric vehicle companies might benefit. India imports most of its crude oil. Sustained high prices could cause inflation. The government's policies will play a crucial role in determining the overall impact on the economy. | Source: The Economic Times
Ralated News
0. Crude oil price can drop to $55-60 a barrel by December 2025: Premasish Das - Business Standard1. Crude oil falls after report of US-Iran nuclear talks next week - Investing.com India
2. Libya Fixes Leak on Crude Oil Pipeline Linked to Top Refinery - Crude Oil Prices Today | OilPrice.com
3. Have to cross that bridge: Jaishankar on US plan to tax top Russian oil buyers - India Today
4. New strategic oil reserves planned! India looks to boost emergency stockpile of petroleum; aims to streng - Times of India
5. India to build three new strategic oil reserves to boost energy security - Business Standard
6. India to build three new oil reserves to increase emergency stockpile amid rising domestic fuel demand - Mint
7. Weak US dollar, low crude oil prices may fuel 8-10% rally in Nifty 50: Elara Capital - Mint
8. Russia's Crude Oil Shipments Stick Close to a Two-Month Low - Bloomberg.com
9. US Crude Oil Inventories Unexpectedly Rise: EIA - TradingView