Why dipping oil price may not mean cheaper fuel
- With the global economy slowing down, crude oil prices fell as low as $76.1 in the first week of December.
New Delhi: Oil prices that shot up after Russia invaded Ukraine in March plunged as low as $76.1 early December, bringing cheer for the economy. However, retail customers may have to wait longer for relief. Mintanalyses the implications of cheaper oil for the Indian economy.