Documente Academic
Documente Profesional
Documente Cultură
Presented By
Hiramani Dalal
Lokesh Ranjan
Shrishti Pandey
Crude Oil
• It is a nonrenewable resource
Major Exporters
• Russia – 10%
• Iraq – 7%
• Canada – 5%
• China
• United States
• India
• Japan
• Germany
Factors Affecting Price of Crude Oil
• Influence of OPEC
• Natural Disasters
• Political Alliances
• Russia’ Withdrawal
• Fracking
Effects on India
India imports 82% of its oil requirement of approx. 408000 barrels per
day from foreign countries.
• Impact on stocks
• Impact on Inflation