High fuel prices are here to stay till crude prices come down, a top government policymaker said on Monday, adding India, as the world’s third-largest consumer, has been reasoning with producing countries that “anything above $70 per barrel (crude price)” could boomerang on them as it will retard global economic revival and hit oil demand, which is already facing headwinds from electric mobility.
from Times of India https://ift.tt/2YYuT0x
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